Browse Definitions :
Definition

continuous innovation

Contributor(s): Matthew Haughn

Continuous innovation is an iterative process of incorporating both modest, incremental and radical revolutionary improvements in processes, product designs, services and technologies.

Both gradual refinement of an existing product or service and significant redesigns and new products and services are enabled by continuous innovation. Continuous innovation seeks not to just fulfill expectations but also create products and services that provide only imagined functions or even entirely unexpected revolutionary changes.

Continuous improvement vs. continuous innovation

Continuous improvement, also known as Kaizen, is a cousin to continuous innovation, does enable consistent improvements and can provide a better product over time. Continuous improvement processes don’t generally produce a new solution to existing problems or even guarantee good solutions to new problems. These leaps in design require vision and creativity beyond observation and care. Enabling continuous improvement requires supporting and inspiring the creative vision of employees as well as allowing them to the take risks associated with such dramatic change – an innovation culture.

Not merely a matter of having the best services or designs available, continuous innovation enables a company to be agile and responsive to change. The changes in customer needs and the markets can sometimes not be adequately addressed by continuous improvement and will require real innovation to provide a satisfactory solution. The company used to continuous innovation will be better able to come up with new solutions to address these needs, allowing them to stand out with a unique and effective solution.

This was last updated in July 2019

Continue Reading About continuous innovation

Start the conversation

Send me notifications when other members comment.

Please create a username to comment.

-ADS BY GOOGLE

Extensiones de Documento y Formatos de Documento

Accionado por:

SearchCompliance

  • PCI DSS (Payment Card Industry Data Security Standard)

    The Payment Card Industry Data Security Standard (PCI DSS) is a widely accepted set of policies and procedures intended to ...

  • risk management

    Risk management is the process of identifying, assessing and controlling threats to an organization's capital and earnings.

  • compliance framework

    A compliance framework is a structured set of guidelines that details an organization's processes for maintaining accordance with...

SearchSecurity

  • Trojan horse (computing)

    In computing, a Trojan horse is a program downloaded and installed on a computer that appears harmless, but is, in fact, ...

  • identity theft

    Identity theft, also known as identity fraud, is a crime in which an imposter obtains key pieces of personally identifiable ...

  • DNS over HTTPS (DoH)

    DNS over HTTPS (DoH) is a relatively new protocol that encrypts domain name system traffic by passing DNS queries through a ...

SearchHealthIT

  • telemedicine (telehealth)

    Telemedicine is the remote delivery of healthcare services, such as health assessments or consultations, over the ...

  • Project Nightingale

    Project Nightingale is a controversial partnership between Google and Ascension, the second largest health system in the United ...

  • medical practice management (MPM) software

    Medical practice management (MPM) software is a collection of computerized services used by healthcare professionals and ...

SearchDisasterRecovery

SearchStorage

  • M.2 SSD

    An M.2 SSD is a solid-state drive (SSD) that conforms to a computer industry specification and is used in internally mounted ...

  • kilobyte (KB or Kbyte)

    A kilobyte (KB or Kbyte) is a unit of measurement for computer memory or data storage used by mathematics and computer science ...

  • virtual memory

    Virtual memory is a memory management capability of an operating system (OS) that uses hardware and software to allow a computer ...

Close