Tag Archive: innovation awards

Resiliency & Innovation Go Hand-in-Hand

February 22nd, 2019

With the high level of volatility and disruption that is commonplace in today’s business environment, creating resiliency has become a must. What we’re seeing is that creating resiliency and an innovative culture go hand-in-hand. If we find a resilient team, they are also innovative, and if we find one that is fixed in nature, it is very unlikely to be resilient. Do you have an innovative culture?

Innovation is very misunderstood. It doesn’t require “new” in most cases.  It is rare to find something completely new unless you are in certain industries such as the pharmaceutical industry.  Even Apple didn’t create the original idea behind the iPod which has now been incorporated into the iPhone.  It actually came from the Sony Walkman (remember those?). At that time, no one knew they needed to walk around with music. We have come a long way, and Apple has made that easy!

Since the Innovation Awards at the Manufacturing Summit provide a good example of different areas of innovation, I thought it would be beneficial to list them below to spur thinking:

Take a quick look at the video as well which talks to the innovation awards.  Of course, these are just those recognized at the Manufacturing Summit currently (and we are always interested in feedback and ideas).  There are many more categories. Perhaps it will stimulate a few ideas though.

innovation for project successInnovation doesn’t have to be complicated and complex.  What unexpected successes have you had?  Can you find ideas in those?  I just returned from a global consulting strategy group meeting, and one of our members did exactly that to spur one of his companies forward from struggling with intense competition and no way to stand out from them to rapid and significantly more profitable growth.  I am confident that this same type of success can be found in almost every client. Are you looking?

We can help you with that. Contact us if you’d like to discuss further.

 



Manufacturing is on the Rise

February 6th, 2017

There is an air of excitement about the future in manufacturing! Last week, I talked with several executives of manufacturing companies and the next day I was the chair of the innovation awards at the Manufacturing Council of the Inland Empire (MCIE) Manufacturers’ Summit, and it is clear that profitable growth is in the air. Of course, it will not occur unless we focus on the customer, innovation and our people ….to name a few priorities. What are you focused on?

Lisa speaks at MCIE

One tip to implement this week:

Just because many manufacturers are seeing a positive outlook to the future doesn’t mean it will turn into a reality unless we back up the talk with action. The speaker at last night’s executive roundtable was amazingly organized and structured about continuous improvement and cost reduction strategies which have been ultra successful year after year in delivering bottom line results; however, he freely admits that it didn’t start out that way. Start with what you have and improve on it over time.

He said one of the keys to success was to involve and ask the people for improvement ideas. You can certainly gather a small group of colleagues over lunch and ask for ideas. If they think you are serious, they just might give you a few. Write them down. Stop worrying about variance tracking which can spiral into a lot of nonsense that doesn’t tell you whether you are truly improving. Instead, track reality and trend it over time. Go see it. No matter how unimaginative you think you are, keep pressing forward, be curious and ideas will start to emerge.

Looking for more ideas to keep your supply chain connected? Access more tips and resources on my blog. And keep connected by subscribing to my newsletter and email feed of “I’ve Been Thinking…”

 



Innovation

January 30th, 2017

I am the Chair of the Innovation Awards of the Manufacturers’ Summit for the Inland Empire, and we have been quite busy preparing for this Friday’s summit (see below). It is important to encourage innovation for the obvious reason that if we do not innovate, we will stand still. And, if we are standing still, we end up moving backwards while our competition passes us. What have you innovated lately?

One tip to implement this week:

Innovation is certainly not something to accomplish in a week; however, it is definitely something to start this week. My best clients innovate by inspiring and rewarding creativity. The executives provide a vision of the future and encourage employees and partners to innovate. As my consulting mentor says, innovation is applied creativity. I bet you have a LOT more innovators (or potential innovators) at your company than you realize.

Are you creating a culture of innovation in your company, department or just with your colleagues? Start by encouraging thinking and testing of ideas. Find areas where you’ve already innovated and apply for next year’s awards. Make sure your employees and colleagues are recognized for their successes!

Looking for more ideas to keep your supply chain connected? Access more tips and resources on my blog. And keep connected by subscribing to my newsletter and email feed of “I’ve Been Thinking…”