• On Thursday, April 27 at 2:00 EDT, Michelle Boucher will share tips to improve the efficiency of simulation preprocessing.  During this webinar,  Shawn Wasserman, simulation editor at ENGINEERING.com, will join Michelle. This webinar will reveal: The top improvement areas you should focus on to get even more value from simulation Common challenges during the preprocessing phase Best practices to overcome those preprocessing challenges Case studies demonstrating the benefits of efficient preprocessing   Register for this live event.   … [ read more ]

    Webinar: Solving the Bottlenecks of Simulation Preprocessing
  • The Design Data Management Maturity Improves Profitability, Analyzing Best Practices for Managing Designs report shares fresh survey data and interviews. It updates our design data management research to cover new trends like using cloud file sharing applications to manage data. It also drills down on the topics of complexity and non-value added time spent managing design data, and shares metrics on the business improvements available from design data management best practices and technologies. Please enjoy the summary below, or click the report or title to download the full PDF (free of charge, no … [ read more ]

    Design Data Management Maturity Improves Profitability (survey report)
  • How should you improve access to service and parts information? Please share your experience, thoughts, and lessons learned  in this new survey on managing product service and parts information. The survey explores ways to streamline parts information for service technicians and the associated benefits. We will explore questions such as: What are the biggest challenges you should focus on to improve the efficiency of service visits? What type of information would service technicians find most useful ? How can you improve the accuracy of service manuals? We would like to learn what you find hard and … [ read more ]

    Managing Product Service and Parts Information (Survey Invitation)
  • Tech-Clarity's Medical Devices Manufacturers Software Selection Guide helps manufacturers identify the right buying criteria for software solutions to support developing, producing, and servicing medical devices. This buyer's guide also takes into account unique needs for medical device companies including regulatory compliance and support for the FDA's Case for Quality. Tech-Clarity’s Buyer’s Guides go beyond software functionality to provide a framework of requirements that impact implementation success and long-term ROI, including: Software capabilities Implementation User adoption … [ read more ]

    Medical Devices Manufacturers Software Selection Guide
  • How do consumer packaged goods companies manage quality? Please share your thoughts in our short Quality Management Survey. Tech-Clarity invites you to join a research study on best practices in quality management.  If you've already completed the survey  –> please share with a colleague or you social media friends using the “Share/Save” buttons above. If you haven’t taken the survey  –> please: Take the survey now Complete the survey and receive a free copy of the final report. In addition,  25 eligible* respondents will win a $20 Amazon gift card. *See rules and … [ read more ]

    How do CPG Companies Manage Quality? (Survey Invitation)

Creating the Environment to Innovate

Share

Innovation-Environment-ThumbTech-Clarity Insight – Creating the Environment to Innovate, How Industry Leaders Put People, Processes, and Technology in Place to Drive Innovation shares our insights and the perspective of three leading companies on how to best create an atmosphere that fosters innovation. The report explains that companies must put a realistic improvement plan in place that covers people, process, and technology if they want to improve innovation performance.

Please enjoy the summary below, or click the report to download a PDF overview (free of charge, no registration required).

For the full report, please visit our sponsor Planview (free of charge, registration required).

You can also view a replay of a related, 30 minute Three Elements Missing From Your Innovation Process webcast presented by Planview (free, registration required).

 

Table of Contents

  • Executive Overview
  • Examining People, Processes, and Technology
  • Establish a Culture for Innovation
  • Design Right-Sized Processes for Innovation
  • Enable Innovation with Lightweight, Flexible Technology
  • Adopt a Continuous Improvement Approach
  • Conclusion
  • Recommendations
  • About the Author

Executive Overview

Companies want to raise the bar on innovation from incremental improvement to the kind of innovation that shows up in the annual report. Breakthrough innovation is visible to customers, the market, and investors. As Lana Kington, Director of Global R&D Innovation Management for Mead Johnson Nutrition points out, “Whenever our management speaks to investors, they consistently highlight our innovation performance because of its importance to our consumers, our business and our reputation.” Others agree, including Sindy Wilson, Director of Product Portfolio Analytics & Insights for Manheim Auction, “We are the industry leader and we drive innovation, it’s very visible and a very high priority.”

Although innovation is important and gets a lot of attention, too few companies have a realistic plan in place to improve innovation performance. Companies don’t have an environment that fosters innovation and allows them to innovate and commercialize effectively to capitalize on their ideas. We spoke with several leading companies about how they create an environment that fosters innovation. As Manheim’s Wilson states, “You have to be fast to market to be relevant.” Companies need a plan to operationalize innovation to be more predictable, repeatable, and reduce risk. The plan must address three critical elements necessary to foster innovation – people, processes, and technology.

Some may scoff at the simplicity of the “people, processes, technology” message. It probably gets as much lip service as innovation itself. But each element is critically important and there are some special considerations for each related to innovation. For example, some feel processes for innovation can slow them down. “People are always concerned that an innovation process is simply bureaucracy – and that it will slow them down; but that’s not the case,”explains Lana Kington of Mead Johnson. While that may be true, done right innovation processes help guide and streamline innovation execution. “We can have discipline and the flexibility to innovate.”

Technology plays a special role in enabling innovation. “Inevitably software will speed up innovation, you gain back efficiencies tenfold by automating,” explains Immucor’s Erik Greenfield in Tech-Clarity’s Top 5 Misconceptions about Innovation Management Software. Technology helps support standard processes and metrics and provides transparency to consistent information. Good processes and technology also enable facts-based decision-making to move companies away from emotion and gut instinct to a more mature, sustainable approach. While processes and technology are crucial, the research also shows the importance of a strong innovation culture and that processes and technology must be lightweight and flexible to enable but not burden innovators, particularly in early innovation phases.

Speak Your Mind

*