Making Innovation Practical

innovation = ideas + implementation

There's still plenty of room for ideas to improve the world we live in--and we are still really good at coming up with them. But innovation isn't just about bright ideas; it's also about putting those ideas into practice.

No matter how good the idea, it will not benefit your organization if it cannot be transformed into a practical change in the work process that increases efficiency or profit. A working definition of innovation would be:

innovation = ideas + implementation.

Keep an open mind. Something that appears totally impractical at first may lead to useful thinking about other, more workable solutions.

ACTION POINT: Consider all ideas, not matter how strange, in their initial stages.