When Innovation is Good and When It's Not…

Refer to the chart:

Innovation in Policy Structure:
A business normally establishes policies for how the company will operate, fund its operations, treat and reward the employees, owners, stockholders and the community. Policies that effect the development of a product need innovative consideration to allow the company to maintain competitiveness and uniqueness. But, policy innovation should be minimized prior to the establishment of the development process, which is structured by these policies. Once a product is well into production, policy innovations, if needed, can be considered - but only for subsequent development projects.

One extremely important policy that needs to be well established is a clear and efficient communication methodology. Communication is the structure, which promotes business efficiency. It must be established and robust during even the initial stages of a development project and it must allow good and bad news to surface quickly.

Innovation in the following anchors can cause disruptions in this process: Contracts & Agreements, Management system, Acts of Encumbrance.

Innovation in Development Process:
A derivative of a company's policy structure is the development process: how the company plans to carry out the definition, development, production and support of a product. Innovation here must be limited just prior to the start of product development so the development can proceed smoothly and uninterrupted. However, innovation can increase for the purposes of bettering the next development project; this can begin after the current product moves into production.

Innovation in the following anchors can cause disruptions in this process: Contracts & Agreements, Management system, Acts of Encumbrance.