In
commerce
Commerce is the large-scale organized system of activities, functions, procedures and institutions directly and indirectly related to the exchange (buying and selling) of goods and services among two or more parties within local, regional, nation ...
and
management
Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a government body. It is the art and science of managing resources of the business.
Management includes the activities o ...
, exnovation, an opposite of
innovation
Innovation is the practical implementation of ideas that result in the introduction of new goods or services or improvement in offering goods or services. ISO TC 279 in the standard ISO 56000:2020 defines innovation as "a new or changed entity ...
, can occur when products and processes that have been tested and confirmed to be best-in-class are
standardized
Standardization or standardisation is the process of implementing and developing technical standards based on the consensus of different parties that include firms, users, interest groups, standards organizations and governments. Standardization ...
to ensure that they are not innovated further. Companies that have followed exnovation as a strategy to improve organizational performance include
General Electric
General Electric Company (GE) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operated in sectors including healthcare, aviation, power, renewable energ ...
,
Ford Motor Company
Ford Motor Company (commonly known as Ford) is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobi ...
and
American Airlines
American Airlines is a major airlines of the United States, major US-based airline headquartered in Fort Worth, Texas, within the Dallas–Fort Worth metroplex. It is the Largest airlines in the world, largest airline in the world when measured ...
.
One of the earliest usages of the term came in 1981, when John Kimberly referred to "removal of innovation from an organisation". In 1996
A. Sandeep provided the modern definition of exnovation as the philosophy of not innovating – in other words, ensuring that best-in-class entities are not innovated further. Since then "exnovation" has become a notable parlance in various practices, from management to medicine.
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See also
*
Collaborative innovation network Collaborative innovation is a process in which multiple players contribute towards creating new products with customers and suppliers.
Collaboration can occur in all aspects of the business cycle, depending on the context:
* Procurement and suppl ...
a
social construct
Social constructionism is a theory in sociology, social ontology, and communication theory which proposes that certain ideas about reality, physical reality arise from collaborative consensus, instead of pure observation of said reality. The ...
used to describe innovative teams
*
Design strategy
Strategic design is the application of future-oriented design principles in order to increase an organization's innovative and competitive qualities. Its foundations lie in the analysis of external and internal trends and data, which enables design ...
*
Diffusion of innovations
Diffusion of innovations is a theory that seeks to explain how, why, and at what rate new ideas and technology spread. Everett Rogers, a professor of communication studies, popularized the theory in his book ''Diffusion of Innovations''; the book ...
a theory that seeks to explain how, why, and at what rate new ideas and technology spread through cultures
*
Frugal innovation
Frugal innovation or frugal engineering is the process of reducing the complexity and cost of a good and its production. Usually this refers to removing nonessential features from a durable good, such as a car or telephone, in order to sell it in d ...
process of reducing the complexity and cost of a good and its production
*
Ideas bank
An ideas bank is a widely available shared resource, usually a website, where people post, exchange, discuss, and polish new ideas. Some ideas banks are used to develop new inventions or technologies. Many corporations have installed internal id ...
shared resource, usually a website, where people post, exchange, discuss, and polish new ideas
*
Open innovation
Open innovation is a term used to promote an information age mindset toward innovation that runs counter to the secrecy and silo mentality of traditional corporate research labs. The benefits and driving forces behind increased openness have bee ...
a paradigm that assumes that organizations can and should use external ideas as well as internal ideas
*
Pro-innovation bias In diffusion of innovation theory, a pro-innovation bias is the belief that an innovation should be adopted by whole society without the need of its alteration. The innovation's "champion" has such strong bias in favor of the innovation, that they m ...
the belief that an innovation should be adopted by whole society without the need of its alteration
*
Technology forecasting
Technology forecasting attempts to predict the future characteristics of useful technological machines, procedures or techniques. Researchers create technology forecasts based on past experience and current technological developments. Like other ...
the prediction of future characteristics of useful technological machines, procedures or techniques
*
Technology scouting
Technology scouting is an element of technology management in which
:(1) emerging technologies are identified,
:(2) technology related information is channeled into an organization, and
:(3) supports the acquisition of technologies.
It is a sta ...
a method of technology forecasting
References
Business terms
Innovation
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