In manufacturing, “lean manufacturing” or simply “lean” has become a dominant management philosophy, deciding much of how the manufacturing component of the supply chain is handled to maximize efficiency of resources. Lean focuses on minimizing waste by identifying activities that add value and separating them from those that don’t, emphasizing the elimination of those that don’t.
Without a full-time team dedicated to innovation, it can be tough to find the time your program needs.
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More and more, organizations are empowering their employees to think critically about the challenges facing them.
Start putting numbers behind the changes you’re making.
You don’t have to be Google to instill an “intrapreneurial” mindset in your employees.
We get it; you’re busy. It’s the era of people having busy weeks instead of days, calendars filled out months in advance as business moves faster and faster indefinitely. However, with this rapid pace of change, there are new trends and disruptions headed towards your company that will cost your company if you don’t address them now. Right now, every industry is facing technology disruptors, major innovations to
When looking to introduce a new Innovation or Idea Management program, one of the most frequent challenges can be building out and selling the business case to decision makers within a firm. Objections from these individuals can be numerous, but we at Ideawake understand the root of these objections and have outlined the explanation you need to overcome them and ease leaders’ concerns.
Whether starting from scratch or just looking to improve your current innovation program, these are the pieces you need to build a program that improves your culture and bottom-line.
If you’ve launched an Idea Management program in your company, you’re on the cusp of using a powerful business tool to dramatically increase innovation within your firm. An Idea Management program is the ideal way to tap into the power of your most valuable asset, your employees. However, if employees aren’t engaging with your Idea Management program, you likely won’t maximize your potential returns.
Idea management programs should be focused around three goals: increasing employee engagement, gaining revenues and cutting costs.