Innovation can been seen as new ideas or creative, bleeding edge endeavours. Wikipedia also expresses it as being “the application of better solutions that meet new requirements, unarticulated needs, or existing market needs.”
The Australian Government refers to innovation as “changing processes or creating more effective processes, products and ideas.” Focusing on new ways of doings things can help your business save time and money. It will also give your organisation a competitive advantage in the marketplace, and help your business to scale and grow.
Today, innovation is part of everything we do. We have been teaming up with the crew at Way We Do recently to help our clients implement process innovation. Moving from paper-based processes to electronic ones, and capturing data about how team members are following and using process in the business to make ongoing improvements.
Businesses that make process innovation part of their culture are more efficient, and have increased productivity and performance.
Jacqui Jones, the founder and CEO of Way We Do says, “Another name for “process innovation” is “business process management”. It is a methodology used to examine and improve business processes. Businesses that innovate, use BPM, and it forms the basis of work operations and capturing IP.”
The lifecycle of business process management includes:
Jacqui adds, “It is a great idea to bring in expert assistance to help review business processes. There aren’t too many consulting firms in the SME market that bring together process knowledge and technology, and I believe the team at Crofti are well positioned to help their clients to execute on their process innovation plans. Many business owners need guidance with their processes, and I can clearly see that Crofti are supporting clients quite well in this area.”
Is process innovation part of your 2019 strategy? Here are 6 tips to add this important practice into your organisation this year…
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