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In: Accounting

3. How has innovation become engrained in your organization's culture, and how is it being optimized

3. How has innovation become engrained in your organization's culture, and how is it being optimized

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Expert Solution

I ihave iworked iwith isolid iinnovation iconsultants, iand iI ican itell iyou ithat iinnovation iis ia ibroad iterm. iFor iexample, iif ione iadopts ia ilean iculture, iis ithat ian iinnovative iculture? iIf ione iadopts ia iprocess iimprovement iculture iis ithat ione? iIs ia iTPS iculture iinnovative? iI isuppose ithe iword isounds isnazzy ienough ithat icompanies imight iwant ito ibe ithought iof ithat iway, ibut iI ihave ino iidea iwhat ithat imeans. iWhether iit iis iingrained iis ibased ion iwhether iit ihas ibeen isustained iover itime iand iconsistently imeasured, ivalued iand iinvested iin.

Optimization iof iinnovation iis iproject ibased, iin imy imind. iOne icompany iI iworked iwith ias ia isenior ileader iinvested iin iMaxim, ia isoftware ithat iserves ias ia icompanywide icommunications iand itask imanagement ivehicle. iIt iwas iinnovative iin ithat iit iwas inew iand iintended ito ibe imore iefficient ithan, isay, iExcel ifor itracking iand ireporting. iI idid isee iit ias iinnovative, ibut inot ias ioptimizing ithe iconcept.

Optimizing iinnovation iwould imean ifinding imore iopportunities ithrough ithe iinnovation iyou iapplied, ito icontinue iimproving ithrough icontinued iinnovation. iSounds ia ilot ilike icontinuous iimprovement? iIt’s iall iin ithe idefinition iand ithe iexecution.


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