Saturday, 21 February 2015

Productivity or Innovation?

There has been discussion on the Productivity Futures LinkedIn group this week discussing whether productivity and innovation are natural enemies or bedfellows.

Of course I chimed in - well, I can't resist - and my view is that real productivity development - revolutionary rather than evolutionary - is unlikely without innovation.  Innovation can transform productivity.

Tor Dahl reminded the group that productivity is about doing the right things in the right way 100% of the time.  Innovation can change what we do - and how we do it.  Systematic approaches to improvement - and the standardisation that goes with them - ensure we do the right things ALL the time.

Any of you who want to try to run your organisations without innovation please inform me - I want to stay clear of investing in you.  Innovation is the life blood of small businesses snd entrepreneurs - it is how they compete with the big boys.

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