A service innovation is a service product or service process that is based on some technology or systematic method. In an effort to better understand your company and where it exists on the innovation scale, the following are four key takeaways to consider before starting down the path of becoming more innovative. Results: Identified technologies of strategic importance and defined a roadmap to investment decisions Growth Stages was involved in obtaining funding, facilitating the innovation process around technology concept assessment, undertaking a market study and business case / investment alternatives on attractive projects. Process Innovation. One of the two key processes in Robert’s Rules of Innovation is the NEW PRODUCT DEVELOPMENT PROCESS.A formalized, NPD process – also referred to and best practice: the Stage Gate® Process – is a must, from simple to sophisticated. Once the market tests are done, the product or service is launched nationally or globally, depending on the markets the company serves. And therefore requires a specific approach. The innovation process: an introduction to process models ... service issues ... of a new product — a step-by-step approach to successful product innovation. One success factor for NSD is the fit between the innovation modes and the NSD process, rather than the NSD process per se. What Your Innovation Process Should Look Like. Waves and Phases. This stage of the technological innovation process can use agile mar k eting, which employs Scrum and Kanban methodologies to launch the products and services rapidly to achieve results as soon as possible. Innovation requires an honest self-assessment of a company’s capabilities. Full video lecture available at: h… Every entrepreneur knows that productivity is one of the key ingredients for successful product development. Some innovation modes occur within the NSD process, while others occur outside the process. by ... Executive Summary. In services however, the innovation does not necessarily relate to the novelty of the technology itself but the innovation often lies in the non-technological areas. Process innovation is probably the least sexy form of innovation. Look beyond the Search step (the creative part) and get ALL the building blocks of the innovation process in place. Already from the definition, you can tell that innovation is not limited to the size of business or the business venture you are dealing with. Let’s take a closer look at each of the 3 innovation process stages: To monitor all aspects of the service during introduction and through the complete service cycle. Innovation is a process of improving a product service from its current state. We have never seen a large scale “everybody starts the KCS journey at the same time” approach work in organizations of more than 50 knowledge workers.