The Difference Between Innovation and Continuous Improvement Explained

He starts giving a definition of improvement and a definition of innovation. Improvement is closely related to operational excellence. Operational excellence gives you the profits of today. And innovation excellence gives you the profits of tomorrow. Gijs shows you in this video how you can combine operational excellence and innovation excellence in a simple way. Do you want innovation success yourself now?

🔴TIMESTAMPS
0:00 The Difference Between Innovation and Continuous Improvement Explained
0:23 Definition of improvement
0:40 Definition of innovation
0:57 Difference 1: continuous versus ad hoc
1:30 Difference 2: Predictable versus uncertain
2:00 Difference 3: low versus high effort & risk
2:26 Difference 4: small versus big change
3:03 Operational excellence versus innovation excellence
3:46 How to combine improvement and innovation
4:36 A super effective innovation process
5:15 Closure.

🔴 Other recent videos of Gijs on innovation:

🔴 LINKS

🔴 ABOUT GIJS VAN WULFEN Gijs van Wulfen is a worldwide authority in innovation. He is a LinkedIn Influencer and the founder of the FORTH innovation method. His method is scientifically proven, and is being implemented on six continents. His 3rd book on innovation, ‘The Innovation Maze’, was crowned recently as Management Book of the Year. As LinkedIn Influencer he has 330.000 followers, and he travels all over the world as speaker on innovation and design thinking to inspire people in a practical way. Check out his latest book ‘Inspiration for Innovation: 101 lessons for innovators’.

#continuousimprovement #gijsvanwulfen #inspirationforinnovation #innovation

[mariavittoriacoluccidamato]

I like this very clear explanation. We’ve experienced it in this months in Evidentia: improve our services and then innovate, with the FORTH.

[geertvermeir]

jumping jack Gijs.The most successful companies are experts in combining operational and innovation excellence 🙏

[ganeshdevadkar]

1:37 I think sentence should have to be "The moment you start improvement" you have used innovation word here. Correct me sir if I am wrong. I am creating one presentation for my office & using your content for the same.