Jurnal Stagflasi : Ekonomi, Manajemen dan Akuntansi
Vol. 1 No. 02 (2023): Jurnal Stagflasi : Ekonomi, Manajemen dan Akuntansi, Edition October 2023

Operational Innovation: Efforts to Achieve Company Competitive Advantage

Imam Wibowo (Krisnadwipayana University, Jakarta, Indonesia)



Article Info

Publish Date
28 Oct 2023

Abstract

The speed of technological development and dynamic market changes have encouraged companies to continue to innovate to maintain their competitiveness. This research aims to examine the role of operational innovation to achieve a company's competitive advantage in the operational management concept. This research uses a qualitative approach with descriptive methods. The research results show that the implementation of operational innovation by focusing on the introduction of new ideas, integration of solutions with existing processes, and gradual change management has a positive impact on organizational performance. Involving team members in identifying obstacles and finding solutions as well as tracking progress by setting performance benchmarks and KPIs has proven to be effective. By adopting this strategy, organizations can improve operational efficiency, respond quickly to market changes, and create a strong foundation for sustainable growth, making a positive contribution to competitiveness and long-term sustainability.

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Journal Info

Abbrev

Stagflasi

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Stagflasi : Ekonomi, Manajemen dan Akuntansi is a journal in the field of Management, Accounting, and Economics with a scope of Business Economics, E-Business, Consumer Behavior, Entrepreneurship, Finance, Public Policy, Human Resource Management, Organizational Behavior, Marketing ...