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Process Innovation: - Sai Prathap
Process Innovation: - Sai Prathap
- SAI PRATHAP
DEFINITION
A Process Innovation is the implementation of a new
or significantly improved production or delivery
method. This includes significant changes in
techniques,equipment and/or software.
VARIOUS STAGES OF PROCESS
INNOVATION
Generate
Ideas
Capture
Ideas From
Decline The First
Stage
Develop a
Business-
Effectiveness
Strategy
SUPPORT FOR PROCESS
INNOVATIONS
Policies and procedures
Performance management frameworks
Organizational structure that is well-defined
Use of state of the art technology
HOW CAN PROCESS INNOVATIONS
BECOME MORE EFFECTIVE ?
Streamlining and sharing of existing processes
Improved service delivery
Automation of workflows
A supporting infrastructure
Strategic approach to managing supply chains
Increased operational efficiency
Reduction in costs
Increase in revenues