The straightforward optimization of business processes (operational excellence) alone is not sufficient. Innovation is over ever the key to success. However who needs to be sensible is, on a consistent professionalization of innovation processes and ensuring a high level of R & D productivity (innovation excellence) isn’t over. partiallyicular, the connection between company strategy and also the management of innovation activities is one in all the foremost vital success factors for innovation excellence dar.
The founder and managing director of consultancy ili consulting dr. serhan ili studied industrial engineering and a doctoral thesis on open innovation at the institute of product development at the university of karlsruhe. He advises firms within the dax these days, successful innovation, whereas he provides a lecture at the karlsruhe institute of technology and has printed books on open innovation and that innovation excellence. In a veryddition, advises Mr. ili the town of karlsruhe and has supported the integration of 2010 the karlsruhe value.
In a very interview for the magazine on-line management expertise to his new book innovation excellence – the way to increase your firm’s ability to innovate, he summarized the success factors for excellence in innovation concise.
Excellence in innovation therefore begins with high management. It’s clear and visible commitment of everybody within the company that includes innovations for the corporate to the very best goal, could be absolutely essential.
Innovation excellence, per dr. ili conjointly wants a transparent focus: a company ought to be clearly defined to align areas of innovation and seek this through method, product or service to try to with business model innovation. One has to choose within which areas of innovation you would like to play a leading role.
The targeted integration of internal and external stakeholders is crucial to success. And on top of all, a reasonably due diligence expertise of its own engineers to evaluate external technologies, says innovation consultant dr. ili.
The systematic promotion of creativity and effective integration into the business processes are key success factors that a company ought to have a strategic objective.
While not an organizational orientation, it’s though tough. As a result of this facilitates communication between the actors concerned within the innovation method. An innovation method helps to focus the discussions on the right track. Goal-oriented decision-making processes transparent analysis criteria are only as a lot of.
United of the foremost vital factors for innovation excellence ili sees entrepreneurship of all stakeholders within the innovation method: in business, there should be competition for the most effective concepts. Several firms distribute their budget still longing for the watering will principle. Political factors usually play an oversized role than the particular content.
ili consulting is targeted as an innovation consulting to customers to increase the efficiency of the long term and to generate growth.