Innovation is opportunity but the potential for good innovation relies on a strong business case; without it the idea will almost certainly fail. As in everything created innovation needs nurturing to survive which is why innovation created in the Business Excellence environment is more likely to succeed. A quality environment at the outset and during development gives the idea a fighting chance.
Today, innovation is not only highly prized; it is regarded by the financial markets as one of the most important drivers of value in an organisation. |
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Cap Gemini Ernst & Young 2002 |
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Associates in Excellence are experts in innovation techniques and recommend the Business Excellence environment to help companies become successful innovators.
Innovation involves the creation of new designs, concepts and ways of doing things, their commercial exploitation and market acceptance.
Most innovations are incremental, a succession of individually modest improvements to products or services but a few will be dramatic creating entirely new industries and markets.
The key to successful innovation is not so much the concept, the paradigm, the idea, although it is vitally important, it is how the business case is assessed that will determine: