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Innovation: Putting Ideas into Action
American Productivity & Quality Center (APQC), Jan 2006, Pages: 154
Study Scope:
Drawing on input from the study advisers, study sponsors, and secondary research literature, our study team identified four key areas for research. These areas guided the design of the data collection instruments and were the basis on which the study findings have been developed. The study focused on:
1. defining a strategy for innovation,
2. developing the infrastructure and processes for innovation,
3. establishing a culture that embraces innovation, and
4. measuring the success of innovation.
Study Objectives:
Defined at the beginning of this study, the objectives of this report are to enable participants to:
- gain insight into what leading-edge companies are doing to make themselves more innovative;
- examine how organizations are operationalizing their strategies for innovation;
- focus on the practical steps to transform an organization’s culture, processes, and practices so that innovation is enhanced and becomes part of the work flow;
- map the critical steps their organization needs to take to develop and execute a successful innovation strategy that contributes to consistent, above industry average growth levels; and
- learn how exemplary organizations take their great ideas and quickly turn them into increased sales and profits.
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