Innovation is the soul of any organization. Therefore, it is important that we have a good definition of functional innovation. Innovation can be applied to many things. It is usually the term applied to a new product, but it can also be used to describe new processes, methods, or inventions.
Here are four essential ingredients for a definition of innovation:
1. Something new
Everyone likes something new. How many ads have you seen that use the words “new and improved”? We all want the latest and greatest products and ways of doing things. The novelty, however, is only the beginning.
2. Better than what exists
The new for being new has little value. You also have to improve. A new and improved toothpaste should have a new that increases its perceived value. A new office procedure must do something better than the old one.
3. Economically viable
Do you make or save money? If not, it should not be implemented. If the new and improved toothpaste generates more sales which in turn generates more profit, it is a profitable addition. If your new office procedure improves workplace efficiency and therefore saves labor costs, it makes the organization more profitable.
4. Widespread appeal
All the first 3 items are very important and even related to this one. However, there must be a basic appeal to the new innovation. If not, it is not for sale. If your new and improved toothpaste is flavored with licorice, then it might have very limited appeal. It is new and improved. Licorice may even be a cheaper flavor to implement than any other. If no one wants it, then it’s not a true innovation.
The same would apply to your change of office. if it requires an action that no one in the office likes, then you’re doomed from the start.