Seven critical dimensions for scaling innovation
Consumer goods brands are searching for innovative ways to transform manufacturing. The increased complexity of producing goods has forced brands to redirect their focus. Brand leaders are aware that finding suitable solutions is crucial. However, there is often a disconnect between being mindful of the need and developing a workable solution. So how can companies drive to an innovation culture, moving from concept to adaption? Digitalization is a strategy companies can embrace, allowing them to conquer the problems associated with complex manufacturing. With the adoption of digitalization, companies start to envision how the innovation roadmap should look. As a perceptive account, Seven Critical Dimensions for Scaling Innovation define the pathways to a digital mindset, thus transforming manufacturing.
A digital transformation mindset leads to success
"Digital is the main reason just over half of the companies on the Fortune 500 have disappeared since the year 2000." - Pierre Nanterme, CEO, Accenture.
Brands often encounter many challenges while trying to out-perform competitors and keep up with market demands. As brands endure traditional issues such as the amount of time it takes to create new products, increased production costs, and maintaining quality coextensively, they also must contend with recently increased manufacturing complexities. Even with newfound complications, brands still try to use conventional methods to solve their issues. Only to realize that these outdated solutions are no longer effective. To address these challenges and maintain a competitive edge, bands must willingly elect a digital transformation mindset. This philosophy allows companies to scale innovation and forge past the complexities that can hinder production processes.
Learn how to drive an innovation culture
It is not enough for business leaders to embrace a digital transformation mindset; they must be willing to champion company-wide change. Digitalization cannot survive if it lives in a vacuum. The lack of synergy between all departments can impede the success of an innovation-centered culture. That is why comprehensive integration is crucial. Brands must collectively approach design and development while dismantling siloed manufacturing processes and procedures. By doing so, brands can cultivate an innovative mindset. Involving and engaging all departments and users in the digital transformation journey ensures transparency, fosters imagination, and puts the spotlight on creativity. Leaders who successfully drive an innovative culture accomplish this by continually nurturing creativeness while promoting collaboration.
Scaling innovation for the future
How can brands scale innovation, ensuring that they are meeting current expectations and future manufacturing requirements? As organizations start the digitalization journey, they often discover that one size fits all mentality does not work. Brands need access to scalable solutions that they can rely upon to provide flexibility and agility, allowing organizations to evolve as their businesses dictate. Developing seamless integration between the design and development processes will enable brands to share data collaboratively, cultivating a creative environment. Consumer manufacturing brands adopting digital transformation and investing in scalable solutions can successfully outpace competitors in speed and quality. Seven Critical Dimensions for Scaling Innovation is an indispensable tool in the digitalization toolbox. As a critical analysis, it demonstrates how to connect people with technology harmoniously.