Productivity and Innovation Strategy (PSI)

Plan and manage innovative systems to evaluate the productivity in an organization, in order to conduct a diagnosis and formulate innovative strategies



Competency Area

Business Technology Management


Understands basic components for innovation strategies

Lists the various kinds of productivity innovation strategies that can be adopted (continuous, discontinuous, etc.)

Understands the use of the “Productivity and Innovation Roadmap” as a useful tool for developing an innovation strategy

Identifies the purpose of the innovation value chain to adopt a relevant innovation approach

Gathers new ideas from internal and external environments to achieve a competitive advantage in productivity in the marketplace

Demonstrates knowledge of various components required to assess, select, and screen new ideas

Aware of various forms of diffusion strategies in implementing new productivity tools across the organization.

Applies knowledge to conduct preliminary assessments

Classifies innovation based on two dimensions; the technology it uses and the market it operates in

Synthesises the organisation's past trends to find out timelines for developing and adopting a certain degree/type of innovation

Summarises the three phases of an innovation value chain (idea generation, conversion and diffusion)

Categorises ideas based on implementation feasibility(resource requirements, budget, market trends, etc)

Supports in creating a matrix for the various components required in selecting an idea for implementation

Recalls the relevant communities in the organization to support and spread the productivity tools service, process, and practices across the organisation

Designs innovative strategies

Develops innovation matrix to suggest the most relevant type of innovation in productivity (Gradual/ incremental, Radical approach)

Evaluates detailed trend analysis and classification of the trends on a trend timeline to gauge the critical point of employee engagement

Identifies inputs, tools and techniques, and outputs for each of the three phases of the innovation value chain

Evaluate various key performance indicators of the shortlisted ideas (no. of high-quality ideas from internal and external sources, etc.)

Analyses ideas for selection based on assessment criteria (percentage of ideas selected to be funded, funded ideas generating revenues, etc.)

Incorporates software and tools to improve productivity (e-purchasing, smart inventory control systems, etc)

Cultivates a culture of innovation across organisation

Aligns innovation in productivity planning with the organisation’s short and long term goals

Rationalises tools and strategies to propose the right time for introducing a productivity and innovation strategy.

Assesses relevant tools and techniques for the three phases of the innovation value chain

Cultivates a culture of ideating innovative productivity tools as a core competency in the organisation’s long term development goals

Champions the success potential of productivity and innovation ideas in generating revenues

Persuades improving productivity to be an ongoing activity by setting up continuous improvement plans