Improve your innovation strategy to increase your competitiveness
According to the recent Georgia Manufacturing Survey, companies that compete with primary strategies around innovation versus high quality, low price, or quick delivery had approximately twice the profitability as defined by the 3-year average annual return on sales. However only 10 percent of manufacturers surveyed had strategies for growth that fell into the innovative category.
Manufacturing companies have put into place management systems around quality (ISO 9000), environmental (ISO 14001) and energy (ISO 50001). Learn the steps to put in place a process to ideate, test, maintain, and sustain an innovation system that will contribute significantly to your overall business profitability.
Download a white paper on Incorporating a Management System Approach into Innovation and discover:
- Why there is such a large disconnect between the two
- Why innovation management is the right process for business growth and increased profitability
- How to incorporate innovation into your overall strategic plan
- How you can put in place an effective innovation management system into your organization
Fill out the form on the right to download your copy today.