How do you define innovation?


3.6k views10 Upvotes13 Comments

Chief Executive Officer in Services (non-Government), 51 - 200 employees
The act of conceptualizing brand-new products, processes, and ideas, as well as approaching already-existing products, processes, and ideas in new directions.
We've all heard the slogan "adapt or die," and it's a proven constant for businesses to succeed in today's modern environment. Consider the massive rise in technical breakthroughs over the past years; as a result of this rapid growth, businesses have been driven to adapt and expand more than ever before, and that's how innovation works.
15
President in Software, 51 - 200 employees
assembling the available technologies to solve a problem - or inventing new tech because the existing tech is inadequate or inefficient
CEO in Healthcare and Biotech, 11 - 50 employees
Looking at disparate technologies, solutions and/or approaches and combining in a manner that provides new utilizations, processes, outcomes or better ice cream (that last element perhaps would not make Marriam-Webster)
2
Senior Product Marketer in Software, 201 - 500 employees
Using recent technology to find a simple solution to a complex problem. And this better be a real problem. 
1
Director of Tech and Cyber Strategy in Finance (non-banking), 1,001 - 5,000 employees
Finding and implementing new ways to do something better than can confer a competitive advantage.

This can include, but is not exclusive to: making your product/service cheaper to use, reducing the cost of production, improving product performance, and/or finding new ways customer can use your product that gives a customer a reason to consume your product or service over any alternatives.
2
Chief Data Officer in Software, 51 - 200 employees
Innovation is always the next-trend, the incredible hidden vision nobody have seen but on, an innovator is the one and only believer in his own vision and on how it's gonna effect the world. An innovation means it's an idea, a product or some way of doing things but in a different way like never before. For example if we compare the Giza Pyramids with Technology as an innovation, We find (In my Opinion), Technology is the real innovation there since it helped so many people have a better/easier life while pyramids was great but nobody even knew how did they make it until now and this was is far away from what innovation really meant to be. afaik.  We're lucky to come after thousands of years in the middle of a huge lifechanging factor like Technology and I believe we should take it to the right direction to give the next generation the best of it or at least the good part that is far away from the dark.
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Worldwide Strategy & Portfolio, Cross Industry (Supply Chain, ESG, Engineering, Customer Experience, Intelligence Automation, ERP) in Manufacturing, 1,001 - 5,000 employees
Finding a novel solution to a problem. In my opinion thd strategy, methodology and culture will define d thd success of innovation within an organization.
Director of Information Technology in Services (non-Government), 1,001 - 5,000 employees
Solving real problems in unique ways. Not any more complicated than that for us.
CEO in Software, 11 - 50 employees
Solving real time problem with cutting-edge technology solutions
1
Manager in Services (non-Government), 2 - 10 employees
Innovation is the process of introducing something new or making changes to existing products, services, processes or ideas in order to improve them. It is often used to create more efficient or effective solutions that can help businesses grow and remain competitive. Innovation can involve solving problems, inventing new products or services, creating new ways of doing things, or revamping existing approaches.

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Accountability - There's no system for accountability - we just rely on people keeping their word33%

Innovation - There's a structured process to contribute an idea and see the eventual outcome and decisions52%

People - Our company finds it difficult to do any of the above33%

People - Laggards hold things back but certain people and teams make it happen31%

General - We find it difficult to do any of the above15%

IT - We are held back from most of the above by legacy systems and a dependence on IT24%

Processes and Workflow - We've reached a point where email, chat and documentation have been replaced with accountable tasking and repeatable processes17%

Processes and Workflow - We publish processes or documentation and try to keep it up-to-date13%

Something else (comments below)1%


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CTO in Software, 201 - 500 employees
Without a doubt - Technical Debt! It's a ball and chain that creates an ever increasing drag on any organization, stifles innovation, and prevents transformation.
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