About This Chapter
Introduction to Innovation & Continuous Process Improvement - Chapter Summary
Our expert instructors provide an introduction to innovation and continuous process improvement that you can use with your employees. These lessons address process and product innovation, problem solving and continuous quality improvement all designed specifically for the needs of supervisors. We've made this chapter very easy to access 24 hours a day. All that's required is a smartphone, computer or tablet.
How It Helps
- Provides understanding: Concepts in innovation, problem solving and process and product innovation are presented, giving your supervisory teams the knowledge they need.
- Simplifies training: These lessons on continuous process improvement are mobile-friendly and can be accessed by your employees at their convenience at home or at work, making it more likely that they will be completed.
- Builds confidence: Supervisors who understand continuous process improvement and innovation will be able to make successful decisions for your organization with more confidence.
Use this helpful chapter to teach your supervisors to:
- Detail the importance of innovation in business
- Give examples of the different types of process and product innovation
- Define business model innovation
- Understand how to recognize opportunities for social innovation in organizations
- Discuss innovation, change and creativity in the knowledge economy
- Outline the importance of performance improvement, innovation and problem solving
- Explain the process of continuous quality improvement
- Describe the competitive and strategic advantages of innovation and continuous improvement
1. Innovation in Business: Importance, Types & Examples
Innovation is everywhere. Learn several key concepts in the study of innovation, including leading theories, forms of innovation, and its impact on the competitive market.
2. Process Innovation: Types & Examples
Looking for an easier, more sustainable way to do things? Set your sights on process innovation. In this lesson, you'll learn more about companies who have innovated not only their field, but others, and what process innovation means.
3. Product Innovation: Types & Examples
After completing this lesson, you'll understand what makes a new product innovative. You'll see that it's not just about making something to sell for profit, but rather making something that has more uses and inspires and drives further creativity.
4. Business Model Innovation: Definition & Example
Business model innovation happens when a company makes changes and adapts to remain relevant and competitive. In this lesson, you'll learn more about this concept, find out when it's needed and check out an example.
5. Recognizing Opportunities for Social Innovation in Organizations
Social innovation can mean big business and big changes for corporations and societies. In this lesson, you'll learn more about recognizing opportunities for social innovation and how to motivate change.
6. Problem Solving, Performance Improvement & Innovation
This lesson will define three important business concepts: problem solving, performance-improvement, and innovation. While all three have similarities and differences, they are all interconnect both positively and negatively business.
7. What is Continuous Quality Improvement? - Definition & Process
Bill Gates once famously said 'Your most unhappy customers are your greatest source of learning'. Learn what is continuous quality improvement, and what are the most popular four steps an organization could take to achieve it.
8. Innovation & Continuous Improvement: Competitive & Strategic Advantages
This lesson goes over the concepts of innovation and continuous process improvement. You'll learn how they help companies maintain numerous advantages using real-world examples.
9. Practical Application: Using Competitive Benchmarking to Bring Innovation
Competitive benchmarking can be a very useful tool for analyzing your company. Here, you will learn the seven steps associated with the process and see how they can be utilized by a hypothetical company.
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