Operational Process Innovation
Content
Definition
Operational Process Innovation involves the introduction of new or improved operational procedures, techniques, or systems to enhance productivity and efficiency.
Usage and Context
Frequently asked questions
- What is the operational definition of innovation? The operational definition of innovation is the introduction of new or significantly improved products, processes, or methods within a company.
- What are the 4 processes of innovation? The four processes of innovation include idea generation, idea screening, implementation, and commercialization.
- What is the definition of process innovation? Process innovation refers to the implementation of new or significantly improved production or delivery methods to enhance efficiency and effectiveness.
Benefits
Operational process innovation leads to increased efficiency, cost reduction, improved productivity, and enhanced competitiveness.
Conclusion
Operational Process Innovation involves introducing new or improved procedures to enhance productivity and efficiency, leading to better business performance.
