Innovation and Transformation tools can enhance a company's business strategy by helping to avoid tunnel vision focused on an end goal. These tools allow executives to consider how potential changes impact their workforce, workflows, and processes in addition to services or products. They facilitate an iterative process that joins together internal and external efforts. For instance, an idea for an innovation may change throughout the development process, and this new idea will change the workflow, which will then adapt to fit the new idea. Thus, these tools guide executives in taking the right actions to successfully implement the right ideas.
Without adequate innovation, you risk falling behind in even what you do well. So how can an organiz...
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