Can improvement initiatives be classified as innovation opportunities? Where does your six sigma projects fit into your overall change program?
I found that most organizations just don’t have a view on their “change portfolios”; and those that have portfolios, have them embedded in project offices. The definitions of innovation, improvement, change management, etc are all confused – let alone looking at process innovation, product innovation, radical innovation, architectural innovation, business model innovation, etc. How do use these to drive business competitiveness is a key challenge.
In Built to Thrive I’ve shaped a model to use to assist in solving your innovation problems. And where does smart failing fit into your portfolio in this messy innovation landscape?