Innovation is management. For those of us that want to create a lasting innovation culture in our companies, understanding this principle is vital to success. There may be plenty of myth making around ...

Alexandra Twin has 15+ years of experience as an editor and writer, covering financial news for public and private companies. Suzanne is a content marketer, writer, and fact-checker. She holds a ...

Significant changes are occurring throughout the healthcare industry. As hospitals and health systems develop their strategies, they need to determine how to adapt to these changes to be successful in ...

Innovation is not about creating something entirely new; it’s about transforming existing products into a unique solution to address a real-world problem. Process innovation cannot be achieved unless ...

But process innovation — dramatically rethinking and improving the way a company makes products or delivers services — can be just as powerful. Every year Fast Company recognizes hundreds of the world ...

Innovation should be a team sport, but in many organizations it’s still an elitist game— reserved for R&D, the executive suite, or those with highly specialized skills. After all, how many people can ...

Opinions expressed by Entrepreneur contributors are their own. If you’re like many entrepreneurs, you probably feel like you’ve had enough change in the past 18 months to last a lifetime. In the midst ...

One example came when we faced inefficiencies in our customer onboarding process. During a company-wide “innovation sprint,” an employee suggested using automation to streamline repetitive tasks.