IMPACT ANALYSIS

It is now time to prioritize problems to be solved. Make sure no time is wasted on non-critical problems. Team members can critique and analyze each problem ruthlessly. Put them up on white boards in your Innovation Centre so that people live amidst them, feeling free to add their thoughts. Choose problems which are high value, big ticket items for the company. The four key issues which you may like to consider are – increasing revenues, reducing costs, improving customer satisfaction and improving employee participation. Analyse each of the problems using the following format Impact Analysis - Outcome Time Increasing Revenues Reducing Costs Improving customer satisfaction Increasing employee participation 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Reflections and actions  Motivation of employees and innovation complement one another.  Organize a movie screening.  Have a long term goal and stick to it through difficult times.  Kick the old coffee habit. Have a glass of fresh fruit juice instead.