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I
"Science
is the conversion of money into knowledge, and innovation is the conversion of
knowledge into money"
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Innovation
- conversion of new knowledge into new products and services - can be
implemented in different areas:
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New
products and services
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Better
ways for reaching customers
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More
efficient production techniques
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Quality
improvements
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Novel
cleaner production methods
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Improved
management systems
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New
approaches to information gathering & dissemination
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Better
internal climate and services
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New
forms of employee & stakeholder participation
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"Every organization - not just business - needs one core competence:
innovation." (Peter Drucker) To
remain competitive, today's companies need to do more than simply deliver
products or services that are better or cheaper than those of their
rivals. They must also add features, improve performance, and reduce
prices more quickly. They must be faster to launch new lines. To grow,
they may need to create entirely new markets.
Innovation
is not a one-off event, but a continuous response to changing
circumstances. Sustainable innovation system doesn't not just help to
solve a problem but creates a new capacity, opening up opportunities for
further innovation.
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Title |
Author |
Description |
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Slide Show |
Ten3 |
An illustrative overview of
various innovation management components such as lean production systems
(doing more with less), value chain, and intellectual assets management.
Contains also presentation of national innovation environment and regional
success factors. |
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Guidelines
on Technology Management for SMEs |
ICS |
An
easy to use guide (25 pages) composed of three sections:
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Enterprise
survey & technology auditing
(3 pages)
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Business
strategy development
(8 pages), and
-
Formulation
of a technology strategy
(12 pages)
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Lean Production - Doing
More With Less |
Ten3 |
Lean is
about doing more with less: less time, inventory, space people and money.
Improve your flexibility in reacting to market changes, decrease your
manufacturing cycle times and production costs while increasing capacity and
throughput (see
slide
presentation) |
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Value Chain |
Ten3 |
If you are not managing your
value chain, you are not managing your business. Value chain is a high-level
model of how businesses receive raw materials as input, add value to them,
and sell finished products to customers. |
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Enterprise Resource Planning (ERP) |
Ten3 |
IT-enabled Enterprise Resources
Planning (ERP) systems create the opportunity to serve existing and new
markets faster and more efficiently |
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Just-in-Time (JIT) Manufacturing |
Ten3 |
Just-in-time manufacturing means
producing the necessary times in necessary quantities at the necessary time. |
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Electronic Data Interchange (EDI) |
Ten3 |
Reduces costs and errors,
improves cash flow and security |
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