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Innovation by the Book -- a Guide to Overcoming Today's Biggest Business Hurdle; Breakthrough Performance Press Releases 'Insourcing Innovation,' Bringing Methodology to the Madness of Finding the Next Big Idea.


LONGMONT, Colo. -- Breakthrough Performance Press, a division of Breakthrough Management Group (BMG BMG Bundesministerium für Gesundheit (Germand: Federal Ministry for Health)
BMG Be My Girl
BMG Blue Man Group
BMG Bertelsmann Music Group
BMG Be My Guest
BMG Browning Machine Gun
BMG Bulk Metallic Glass
), an internationally recognized leader in performance improvement systems, has released its first title on one of today's hottest business topics. "Insourcing (1) Doing work with inhouse employees. Contrast with outsourcing.

(2) Creating jobs in your country by an organization that is foreign owned. Contrast with outsourcing.
 Innovation," by BMG CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  David Silverstein, business author Neil DeCarlo, with innovation expert Dr. Michael Slocum, offers its readers a new look at an established innovation methodology known as TRIZ TRIZ Theory of Inventive Problem Solving
TRIZ Teoriya Resheniya Izobreatatelskikh Zadatch (Russian: Theory of Inventive Problem Solving) 
.

Silverstein said Breakthrough Performance Press chose this topic as its first title because it is the single hottest topic in corporate boardrooms. "Innovation is as important for companies as oxygen is for people. But if innovation is so important, why do companies hire consulting firms Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee
consulting company

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
 to 'think out of the box?' 'Insourcing Innovation' is about applying a proven methodology to the generation of new ideas "New Ideas" is the debut single by Scottish New Wave/Indie Rock act The Dykeenies. It was first released as a Double A-side with "Will It Happen Tonight?" on July 17, 2006. The band also recorded a video for the track. . It's a process that is long overdue in today's environment."

"Insourcing Innovation" deconstructs the single most reliable system for solving innovation problems -- TRIZ -- and profiles the companies that have achieved vast success using it. For those companies that employ these systematic innovation principles, the results are extraordinary.

DeCarlo, a performance improvement industry veteran and business author, said, "This systematic approach to innovation (TRIZ) has been applied by many successful companies over the years, often without being given a name. Today the need for innovation is so widespread, the time is right to re-address this classic approach. Innovation is teachable teach·a·ble  
adj.
1. That can be taught: teachable skills.

2. Able and willing to learn: teachable youngsters.
, learnable, and doable with existing staff and resources. 'Insourcing Innovation' tells you how to implement an in-house innovation program by the book with time-tested techniques."

In "Insourcing Innovation" readers will learn:

--Why it is best to cultivate innovative capabilities from within.

--The fundamental flaws with the way most companies go about innovation, and how to fix them.

--The methodology and roadmap needed to make innovation a core capability.

--How organizations can define, scope, track and tollgate individual innovation projects.

--Where a classic theory like TRIZ fits into the big picture of performance excellence today.

--How a company can develop more innovations, bring them to market faster, and dramatically improve innovation ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). .

--How innovation skills/tools can be learned and applied by many people inside an organization, not just by a handful of innately inventive people.

Silverstein said his desire to write this book came from observing many otherwise well-run companies that seemed to be stymied by innovation. "Innovation is not a core competency A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
  1. It provides customer benefits
  2. It is hard for competitors to imitate
  3. It can be leveraged widely to many products and markets.
 in most businesses, but should be. There is no reason business can't drive innovation the same way it has driven operational improvement through Six Sigma Not to be confused with Sigma 6.
Six Sigma is a set of practices originally developed by Motorola to systematically improve processes by eliminating defects.[1] A defect is defined as nonconformity of a product or service to its specifications.
, Lean and other methods. Since our business is dedicated to operational improvement, we felt compelled to write this book."

"Insourcing Innovation" is currently sold directly through Breakthrough Performance Press at www.insourcinginnovation.com, and will be available on Amazon.com in October. It is the first in a series of books planned by Breakthrough Performance Press that will address critical business improvement topics. All titles will reinforce Breakthrough Management Group's holistic approach holistic approach A term used in alternative health for a philosophical approach to health care, in which the entire Pt is evaluated and treated. See Alternative medicine, Holistic medicine.  to performance improvement.

About the Authors

Silverstein is co-founder and CEO of Breakthrough Management Group (BMG), an international training, consulting and technology firm based in Longmont, Colo. Also a master black belt and executive coach, Silverstein has led numerous companies and executives through the performance-improvement process.

DeCarlo has written or edited seven books and more than 100 articles on business excellence and related methodologies. As an author, DeCarlo's past work has covered a range of subject matter, including Six Sigma, information technology, knowledge management, business integration, TQM (Total Quality Management) An organizational undertaking to improve the quality of manufacturing and service. It focuses on obtaining continuous feedback for making improvements and refining existing processes over the long term. See ISO 9000.  and other disciplines. He is also co-author of "Six Sigma for Dummies."

Slocum is an internationally recognized innovation expert, specializing in the theory of inventive problem solving problem solving

Process involved in finding a solution to a problem. Many animals routinely solve problems of locomotion, food finding, and shelter through trial and error.
 (TRIZ). He has solved more than 4,000 technical and non-technical problems using TRIZ, and has developed or participated in more than 100 patented innovations. Slocum was the chief scientist behind the self-heating beverage container made by OnTech, one of Fortune magazine's 25 breakout companies of 2005.

About Breakthrough Management Group

BMG is a global consulting, training and technology services firm that specializes in performance improvement and innovation strategies. With deep industry, Six Sigma and Innovation expertise, BMG has the ability to mobilize mo·bi·lize
v.
1. To make mobile or capable of movement.

2. To restore the power of motion to a joint.

3. To release into the body, as glycogen from the liver.
 the right people, skills and capabilities to help clients improve performance and profitability. BMG augments its training with such Web-based support tools as eLearning, an online portal and project tracking software to enhance student retention and increase deployment results. Founded in 1999 and headquartered in Longmont, Colo., BMG has developed a loyal clientele that exceeds 200 active businesses in industries as diverse as biotechnology, health care, finance, telecommunications, manufacturing and energy. BMG has offices in 12 countries and has more than 100 employees worldwide. For more information, visit www.bmgi.com.
COPYRIGHT 2005 Business Wire
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 5, 2005
Words:775
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