Does Innovation OR Operational Excellence have to be viewed as an either-or proposition for long term success? It’s inconceivable to try to innovate on all corporate priorities without having operational discipline and metrics to manage that. In the current economic downturn, organizations do not have luxury of choosing one versus the other. Collaboration is a critical element that allows enterprises to combine operational excellence and innovation. CAPEX and OPEX spending constraints, need to do more with less is increasing the need for Collaboration in the current environment. Collaboration is going to redefine the relationship between innovation and operational excellence. Ideas get stronger when they’re shared. The quality and speed of decision-making improves dramatically when people with diverse view points and expertise come together rapidly with shared goals.
For example, CISCO is driving Innovation & Operational Excellence by connecting people, information, and communities on a global basis via segment councils, cross functional boards and expert working groups.
