Opinions expressed by Entrepreneur contributors are their own.
Here, I am looking at innovation through the lens of process improvement. The value of most organizations is defined by their intellectual capital rather than their physical assets. The intellectual capital of your organization can be traced through the process maps that enable your business operations.
Process innovation is not achievable unless you already have distinct process maps in place. Without process maps consisting of predetermined procedures, it is impossible to discuss measurement and improvement in business operations.
Maturity in business practices is achieved when you operate according to predetermined process maps. For example, you can enhance your human resource practices only
→ Continue reading at Entrepreneur