Innovation
Continuous improvement is all about innovation, which is fundamental to creating business value. Effective innovators have a better chance at surviving than non-innovators.
Innovation means much more than invention. To be highly competitive, businesses must also focus on other forms of productivity innovation. Over 80% of innovation is non-technical. And to be competitive, you must be able to capture multiple forms and sources of innovation, including applying your products to new markets, integrating systems solutions and making product and process improvements.
The Productivity Assessment Tool measures the ability of organization to innovation. Do you have the capacity to change and be agile? Do people in your organization have the power to innovate…is it rewarded? How you rate in these areas will tell you how strong or weak your business is when it comes to Innovation.
