Incremental Process Innovation

Incremental Process Innovation refers to small, gradual improvements made to existing processes within an organization. Rather than introducing a complete overhaul, these changes focus on enhancing efficiency, reducing costs, or improving quality over time. For example, a factory might update its machinery to speed up production or adopt new software to streamline inventory management. These incremental changes can lead to significant benefits and help a business stay competitive by continuously refining how it operates without the risks associated with major changes.