Service Management Leadership - Is it Innovation or Improvement?
Nov 16, 2023
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Jeffrey, founder of Service Management Leadership, discusses the tension between innovation and improvement in organizations. He explores how to differentiate between doing things differently for innovation and improving existing processes. The podcast delves into the thin line between true innovation and incremental improvements in service management, contrasting approaches of traditional companies with innovative ones.
Innovation involves doing things differently, while improvement focuses on enhancing existing processes.
Leaders in organizations are often recognized for operational efficiency, but true innovation requires upfront costs and long-term vision.
Deep dives
Innovation vs. Continual Improvement
The podcast discusses the tension between innovation and continual improvement within organizations. While innovation involves doing things differently or using something in a new way, continual improvement focuses on making existing processes better. The speaker provides an example of automating aspects of a service management organization, highlighting that such automation, despite being beneficial, falls more under continual improvement than true innovation.
Operational Excellence vs. Innovation
The episode reflects on how leaders in large organizations are often praised for operational efficiency and improvements in numbers, rather than true innovation. The speaker contrasts the gradual profitability timeline of highly innovative companies like Amazon and Tesla with the immediate financial rewards of operational improvements. The upfront costs of innovation are emphasized, with the acknowledgement that innovative technologies can be utilized for incremental improvements without necessarily constituting true innovation.
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Exploring the Dichotomy between Innovation and Improvement in Organizations
A brief discussion about the tension between innovation and improvement
Each week, Jeffrey will either be sharing his knowledge or interviewing guests from the technology, Service Management, or Business Continuity leadership communities. Stay tuned as tomorrow's show is one you will not want to miss.
Jeffrey is the founder of Service Management Leadership, an IT consulting firm specializing in Service Management, CIO Advisory, and Business Continuity services. The firm's website is www.servicemanagement.us. Jeffrey is an accomplished author with seven acclaimed books in the subject area and a popular YouTube channel with approximately 1,400 videos on various topics. Also, please follow the Service Management Leadership LinkedIn page.
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