We take this opportunity to welcome our new readers and thank patron readers of Transformation Tuesday series for the overwhelming support! This Tuesday, we shall be talking about fascinating aspects of ‘Transformation via Operational Innovation.’
The prerequisite to be a progressive organization does not only include the strategy of lowering prices, because that alone would not work for sustenance of the organisation and in moving a leap forward towards higher profitability. It is an essential part to have a proper understanding and implementation of operational programs which enables the progressive section of the industry to build culture of continuous improvement, develop new ideas and better products with the help of existing resources and its optimum utilization. Its what Dell did to IBM and Toyota did to GM, finding unique operational innovation drivers.
Below are few pointers for driving organizational transformation via Operational Innovation: