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About Innovation |
Innovation is often confused with creativity and the two terms are generally used interchangeably. But both are different. They are not the same thing, but we tend to think they are leaving us free to wrongly dismiss innovation as too soft and not essential to day-to-day operations. However, innovation is arguably the best approach we have for managing the risk of today's uncertain environment. Creativity is about developing great ideas, whereas Innovation is about translating / implementing those ideas into action so as to create value for the customers and the organization. Innovation is creativity implemented. To be successful, an organization must be able to respond instantly to the dynamics of the global markets that is, to be capable of “innovation upon demand” and meet the needs of all customers Today organizations need to : |
- Make innovation a core competency
- Direct the process of innovation step by step
- Predict with a high degree of certainty the evolution of organization's products and services in the marketplace and be ready with profitable breakthroughs
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QAI and Innovation
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In December, 2004, the U.S. Council on Competitiveness reported that, "Innovation will be the single most important factor in determining America's success through the 21st century . For the past 25 years, we have optimized our organizations for efficiency and quality. Over the next quarter century, we must optimize our entire society for innovation." |
QAI has enabled organizations to achieve optimum Efficieieny and Quality and now spearheads the drive to equip the society with “ Structured Systematic Thinking”- INNOVATION |
You may have read about innovation, heard about innovation and maybe even tried to be innovative. Understanding the innovation process is a challenge. Innovation is not the result of a lone genius. It is a collaborative process where people from many different parts of the organization contribute to the creation and implementation of new ideas.
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