The Innovation and Transformation framework aligns with a company's digital transformation initiatives by providing a structured approach to manage change. It helps executives consider how potential changes impact their workforce, workflows, and processes in addition to services or products. The framework views transformation as an iterative process that combines internal and external efforts. For instance, an idea for innovation may change throughout the development process, and this new idea will alter the workflow, which then adapts to fit the new idea. Thus, the tools in this framework guide executives to take 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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