Fenestration Innovation
by Ray Garries
March 22nd, 2018

Re-Innovate!

Just how Innovative is your organization?  Beyond the normal measures of percentage of new products sold and evolutionary products in the pipeline, how change-friendly are you?
This understanding is critical to your future and famed writer Peter Ducker agrees stating ” The enterprise that does not innovate inevitably ages and declines. And in a period of rapid change such as the present, the decline will be fast.”
 Each of us must constantly monitor the culture and actions that reveal our innovation commitment.  Is innovation viewed as something that is reserved for a few of your select people? Or is it a process that anyone can use and can be charted and improved? As readers of this blog, I’m sure you know that innovation is an improvable process. It can be mapped, trained, measured and focused. The best companies in our industry at innovation do practice it and work to improve it. So how do you know how you stack up against the rest? Start with a reference book titled The Innovation Zone by Thomas Koulopoulos.
 In that text, a survey is given that gives you your Innovation Quotient compared to others. Please take the survey that the author offers in an issue of Inc. and find your result.
In that text, a survey is given for the 12 questions listed below, that gives your Innovation Quotient compared to others. Please take the survey that the author offers in an issue of Inc. and find your result. Leave a comment below to let us all know how you did.
1.  In your experience, which of the following describes the sort of innovation you have been part of in your organization?
2. Which of these do you feel best describes the attitude about measuring innovation in your organization?
3. List three different tools you use in practice to foster innovative thinking.
4. Which of the following does your organization use to help promote innovation?
5. Which of these do you feel best describes the attitude about teaching innovation in your organization?
6. Does your organization provide any formal education, guidance, mentoring dedicated to innovation?
7. If a new idea emerges in your company outside the ranks of executive management, how would you characterize its likelihood of making it into practice?
8. Think of the last good idea you had to add value to your organization. What happened to it?
9. Rank your company’s internal awareness: how well you know and can quickly access the right resources, capabilities, knowledge, and talent inside your company to build the internal capability to address a market opportunity
10.  Rank your company’s internal responsiveness: how quickly and effectively you can coordinate resources, capabilities, knowledge, and talent into a team and project to actually build a solution for a market opportunity—but not yet deploy it to the market.
11. Rank your company’s external responsiveness: how quickly and effectively you can bring the results of a new idea to the market.
12. Rank your company’s external awareness: how quickly and how well you can sense the market’s response to your new product or service and reinternalize it so that you can improve on the product or service.
Leave a comment below to let us all know how you did.
 Keep Innovating!

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