Ch 1: Introduction to Innovation & Continuous Process Improvement

About This Chapter

An illuminating introduction to continuous process improvement and innovation is provided in this informative chapter. Use these lessons and quizzes to train your supervisory teams or as a guide to help you lead your own corporate training workshop or course.

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.

Skills Covered

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

9 Lessons in Chapter 1: Introduction to Innovation & Continuous Process Improvement
Test your knowledge with a 30-question chapter practice test
Innovation in Business: Importance, Types & Examples

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.

Process Innovation: Types & Examples

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.

Product Innovation: Types & Examples

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.

Business Model Innovation: Definition & Example

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.

Recognizing Opportunities for Social Innovation in Organizations

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.

Problem Solving, Performance Improvement & Innovation

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.

What is Continuous Quality Improvement? - Definition & Process

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.

Innovation & Continuous Improvement: Competitive & Strategic Advantages

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.

Practical Application: Using Competitive Benchmarking to Bring Innovation

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.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

Earning College Credit

Did you know… We have over 200 college courses that prepare you to earn credit by exam that is accepted by over 1,500 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.

To learn more, visit our Earning Credit Page

Transferring credit to the school of your choice

Not sure what college you want to attend yet? Study.com has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.

Support