Miller’s Monday Morning Message

Andrew MillerMiller’s Monday Morning Message
presented by ACM Consulting Inc.

Andrew Miller on operational excellence, strategy, life balance and everything in between

Toronto – December 29, 2014
In a recent post, I discussed how innovation was one of the keys to achieving operational excellence in the future. But innovation in the sense of effectively applying and adopting new ideas to maximize their impact.
I recently spoke to a group of high potential managers and directors and suggested some key factors in maximizing the impact and value of new ideas:
  • Creating an innovation council or some separate body accountable for effectively managing the idea and innovation process.
  • Developing common decision-making criteria for the prioritization of ideas.
  • Developing a common way for employees, suppliers, customers, and other business partners to submit ideas they have generated.
  • Fostering an innovative environment by rewarding desired behaviour and not just victories.
  • Identifying new and creative ways to share best practices across the entire organization.
  • Utilizing a formal process for managing innovation and ideas.

How many of these key success factors is your organizing exhibiting as it pertains to innovation?

I want to wish you and your families a happy and healthy holiday season!

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