Fostering Innovation: How to Develop Innovation as a Core Competency and Connect the Principles of Lean in Your Organization

Innovation is a process that involves creativity and curiosity and requires fuel to keep it running. This book follows John Riley, the CEO of a medium-sized valve company, who learns Lean and innovative skills to help him build the business he's always envisioned. The key messages are that leaders need to recognize when there is a need for change or improvement and be willing to act to achieve true innovation.

Format: Hardback
Length: 190 pages
Publication date: 28 December 2022
Publisher: Taylor & Francis Ltd

Innovation is a multifaceted concept that can be approached from various angles. However, the author perceives it as a dynamic and iterative process rather than a sudden epiphany or a straightforward journey. It encompasses a robust sense of creativity and curiosity, encouraging individuals to think outside the box and explore uncharted territories. An innovative mind possesses a natural inclination towards unconventional thinking, embracing the courage to venture into new and untested realms, driven by the desire to create something unique. While this mindset may come naturally, it requires continuous nourishment and engagement. Innovators are voracious readers and researchers, constantly seeking new insights and knowledge to fuel their creativity. They immerse themselves in a wide range of sources, from books and articles to conferences and workshops, to stay updated and relevant in their field.

Similarly, the Lean mindset, although distinct, shares many similarities with innovation. Lean management is not a quick fix or a linear path to perfection. It is a continuous journey of improvement that requires a mindset shift towards efficiency, waste reduction, and customer value. Some view Lean as a subset of innovative thinking, while others perceive it in reverse. Regardless of the directionality, it is evident that both principles are interconnected and cannot exist independently.

This book follows the journey of John Riley, the CEO of a medium-sized valve company located outside of Pittsburgh, Pennsylvania. John is determined to create an innovative work environment that fosters continuous improvement and fosters a culture of creativity. Throughout the book, readers witness John's growth and development as he acquires a range of Lean and innovative skills, strategies, and mindsets. These skills and mindsets enable him to build the business he has always envisioned for himself, navigating the challenges and setbacks along the way.

Throughout the book, examples of both strong and poor innovative leadership skills are demonstrated by the main characters. The key messages conveyed in this book are aimed at helping leaders develop and maintain a mindset that is relentlessly focused on continuous improvement. Effective leadership techniques and abilities that support creative thinking and problem-solving are emphasized throughout. By embracing these principles, leaders can create a workplace that fosters innovation, encourages employee engagement, and drives sustainable growth.

In conclusion, innovation and the Lean mindset are two interconnected principles that play a crucial role in driving success in today's dynamic business environment. By embracing creativity, curiosity, and a continuous improvement mindset, individuals and organizations can unlock their full potential and achieve remarkable outcomes. This book provides valuable insights and practical strategies for leaders seeking to foster an innovative and Lean culture within their organizations.

Weight: 548g
Dimension: 229 x 152 (mm)
ISBN-13: 9781032331362