Funds will help enhance capacity for broadband access; preserve cultural and historic structures; and support the development of transportation, housing, and recreational spaces. Business innovation is an organization's process for introducing new ideas, workflows, methodologies, services or products. 2. In laboratories and factory floors, universities and coffee shops, or even over a beer after work, people are sussing out better ways to do things. Another word for initiative. Something innovative is new and original. Being innovative means doing things differently or doing things that have never been done before. Innovation rarely happens in a vacuum. This is not only incorrect, but misses a few key subtleties in meaning that can change a conversation. There is no monopoly on creative thought. However, we do need to be careful, because there is a big difference between a random brainstorm and a concerted effort. The Innovation Center develops new payment and service delivery models in accordance with the requirements of section 1115A of the Social Security Act. Strategic innovation pertains to processes: how things are done as opposed to what the end product is. Social … Sentence usage examples & English to Hindi translation (word meaning). Innovative definition: Something that is innovative is new and original . Additionally, Congress has defined – both through the Affordable Care Act and previous legislation – a number of specific demonstrations to be conducted by CMS. Such rigor stands in stark contrast to the innovation practices of many organizations. These research and demonstration projects are exempt from the Common Rule … Non-innovative people wait for opportunities to … What is innovation? Enriching projects through multiple innovations Define Initiatives. States and Municipalities , from Youngstown to Los Angeles, Government initiatives to help young people have been inadequate. 1. countable noun [oft NOUN to-infinitive] An initiative is an important act or statement that is intended to solve a problem. Announced by Brookings Institution, Rockefeller Foundation . Innovation as an organized practice falls into four categories: Basic Research: This is the type of work done at universities and some R&D labs. Initiative definition is - an introductory step. Or if I put my creative speaker hat on, I might say, “Creativity is a bioelectrical thunderstorm that precipitates an inescapable notion.” Innovation refers to the application of an idea and, in many cases, is a collaborative enterprise. n. 1. Seize Opportunities. In 1917 Mary Ellen Richmond wrote Social Diagnosis which provided the foundations for modern social worker’s scientific… How to use initiative in a sentence. Innovation and Initiative Although teams must have processes, timelines and quality standards, team members should be encouraged to create innovative solutions and look for ways to improve processes. Seek Opportunity. If you love to experiment and find new ways to do things, you are an innovative person. Innovation is a process of improving a product service from its current state. An innovator is someone who has embraced this idea and creates environments in … Encouragement should also be given to team members displaying initiative. Goodyear denied his discovery of vulcanisation was a … Innovation adds value to the services or goods that you provide and so you should seek to be innovative in your business. Administrators, teachers, and parents thus have the opportunity to develop innovative teaching methods. Pick a colleague you feel comfortable with with … Antonyms for innovative include unimaginative, uncreative, uninspiring, uninventive, unoriginal, uninspired, usual, bland, bromidic and insipid. While technological innovation is clear and easy to define, strategic innovation is inherently intangible and organizational in nature. Another example of adding value is motivating others within a work group to reach team goals. The new … It starts with the belief that individuals from all walks of life can be competent interpreters of their own lives and knows best how to address the problems experienced. Already from the definition, you can tell that innovation is not limited to the size of business or the business venture you are dealing with.Hence, innovation is open for everyone in business. Even though they may not think their ideas … There isn’t a clearly defined … 15 experts share their innovation definition from Nick Skillicorn Initially, it appears like even the experts can't agree on what innovation actually means. There's talk of a new peace initiative. Social innovation gives us an alternate lens through which we can view health systems strengthening. Get a Buddy. About 10 years ago Bristol-Myers Squibb (BMS), as part of a broad strategic repositioning, decided to emphasize cancer as a key part of its pharmaceutical business. An example would be coming up with a unique idea that helps a company improve productivity. This type of initiative may be demonstrated by helping the company achieve an important goal. The strategic-reflexive mode of innovation is the most effective mode for change and innovation. Emotionally intelligent people are confident, not arrogant. Identify portfolio gaps and define new initiatives to close them. Initiatives synonyms, Initiatives pronunciation, Initiatives translation, English dictionary definition of Initiatives. However, this requires innovation and reform. The power or ability to begin or to follow through energetically with a plan or task; enterprise and determination. Defining innovation broadly means at least three things for senior managers. tending to innovate, or introduce something new or different; characterized by innovation. Innovative Thinking takes courage There is no organization in the world that does not wish for higher productivity or growth. Large ground-breaking pioneers such as Apple, Virgin and Toyota are proof of that. Recognizing that biotechnology-derived drugs such as monoclonal antibodies were likely to be a fruitful approach to combating cancer, BMS decided to shift its repertoire of technological capabilities from its traditional organic-chemistry base toward biotechnology. Find more ways to say initiative, along with related words, antonyms and example phrases at Thesaurus.com, the world's most trusted free thesaurus. It involves enriching projects through multiple innovations, paying attention to all the specific processes within innovation, and combining top-down and bottom-up innovation, as outlined below. People often use the words “invention” and “innovation” interchangeably. Let me show you some more advantages of embracing innovation in your business. Publicly funded primary or secondary schools that operate free from some of the regulations that typically apply to public schools. At MITii, we help to educate the next generation of Innovators, preparing them to move ideas to impact more effectively throughout their careers. Actively seek out opportunities. Innovation is a diverse activity. | Meaning, pronunciation, translations and examples Innovative leaders scored higher when it comes to seizing opportunities. Top Ten Most Innovative Economic Development Initiatives . Rural Placemaking Innovation Challenge. So in other words, innovation is applied creativity. This initiative provides planning support and technical assistance to foster placemaking activities in rural communities. Stories of innovation, technology integration, and success that every educator needs to hear. They … Eventually, Goodyear discovered applying steam to rubber under pressure for four to six hours provided the intended results. Innovation is commonly defined as the "carrying out of new combinations" that include "the introduction of new goods, ... new methods of production, ... the opening of new markets, ... the conquest of new sources of supply ... and the carrying out of a new organization of any industry" However, many scholars and governmental organizations have given their own definition of the concept. 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