Developing a successful innovation program depends on many factors. Sourcing ideas is an important first step. But frankly, that’s the easy part. What comes after ideas are collected is what matters. Because without implementation, ideas remain just ideas. In other words:
Innovation = Ideas x Execution
Businesses operate within the margins of execution using business proposal guidelines to gauge opportunity and manage potential. Proposals outline opportunity and risk, and the ones that make the cut turn into funded projects with allocated budgets and resources. New ideas get executed by that transitioning of rough concepts into actionable projects.
In 2018, the Continuous Improvement Program received more than 80 new idea suggestions from Baria Serece staff in which 80% of them are approved by Department Managers and come to quarterly (yearly) recognition evaluation. Most of them are put in to practice and have been brought many benefits on operation efficiency, environment and process improvement. Thanks for the best sources of ideas- Baria Serece employees- who are allowing Company’s business more opportunity to develop and tweak services that will lead to increased profits.