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What is the difference between "process innovation" and "business model innovation"?

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تم إضافة السؤال من قبل Raafat Sallam , Organizational Development and Training Consultant , Training Centers, Marketing Organizations.
تاريخ النشر: 2014/06/22
مستخدم محذوف‎
من قبل مستخدم محذوف‎

Some good answers are posted here already. I really have nothing to add.

ALAMGEER HUSSAIN HASHMI
من قبل ALAMGEER HUSSAIN HASHMI , REGIONAL SALES & OPERATIONS MANAGER , Uth Healthcare Pvt., Ltd

Dear Mr.Raafat

Innovation is being different.To be simple here is what it means:

Process Innovation:

It means the implementation of new or significantly improved brand strategy ,production and delivery method.

Business Model Innovation:

It means creation of new products or services within the confines of the pre-existing business

 

مستخدم محذوف‎
من قبل مستخدم محذوف‎

To develop a particular segment pathways is a process innovation where as to get busy in developing the whole business pathways is business model innovation

Menerva Melad
من قبل Menerva Melad , Account Executive, Key Accounts , Graphic Home Company

Process Innovation:

It means the implementation of new or significantly improved brand strategy ,production and delivery method

Danish Qayoum
من قبل Danish Qayoum , Ex assitant store manager , zenc.inc

A product innovation is the introduction of a good or service that is new or significantly improved characteristics or intended uses; a process innovation refers to the implementation of a new and significantly improved production of delivery method

Dejene Hordofa
من قبل Dejene Hordofa

frist crative means before crative search about creative work or preporation proposal on the creative work. after creative work trade or sale or purchase crative work is main pion trade is action or second piont

Marifi Cassion
من قبل Marifi Cassion , HUB LEAD/HUB MANAGER , SHOPEE EXPRESS PHILIPPINES

Business model innovation does not necessarily imply changes in the product or even in the production process, but in the way as it is brought to the market. Whereas both product and process innovation can be incremental and moderate, business model innovation is almost radical, risky and transformative.

Hassan  Abow
من قبل Hassan Abow , Site Manager (SH-F). (Eljabalain). , Bashayier Pipe Line Company (BAPCO)

process innovation is the importance improved production or the delivery method. Business innovation is an organization's process for ideas , methodologies, policies, services and products.

redneck capture
من قبل redneck capture , Chemistry Teacher , Saturnetworks

there arre two difference between "process innovation" and " connections puzzle business model innovation"

  1. Process Innovation: Process innovation refers to the development and implementation of new or improved processes, methods, or techniques within an organization to enhance efficiency, productivity, quality, or cost-effectiveness. It focuses on improving how tasks are performed or how resources are utilized. Process innovation aims to streamline operations, eliminate bottlenecks, reduce waste, and enhance overall organizational performance. Examples of process innovation include adopting new technologies, automating tasks, redesigning workflows, or implementing lean manufacturing practices.

  2. Business Model Innovation: Business model innovation involves rethinking and redesigning the fundamental approach a company uses to create, deliver, and capture value. It goes beyond mere operational improvements and explores new ways of structuring the entire business to gain a competitive advantage or create new market opportunities. Business model innovation encompasses changes in the value proposition, target customer segments, revenue streams, cost structure, distribution channels, or partnerships. It often involves finding innovative ways to create and capture value that may disrupt existing industry norms. Examples of business model innovation include the shift from selling products to offering subscription-based services, the introduction of a sharing economy model, or the adoption of a freemium pricing strategy.

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