Howard Smith (CTO of CSC Europe and author of Business Process Management The Third Wave) presented this concept of P-TRIZ at a BPM conference in November. TRIZ is the "Theory of Inventive Problem Solving" which was developed by a group of Russians in the mid-1900s and is based upon the theory that innovation can be codified. There are even some very interesting software tools that help you apply TRIZ to your problem solving. The best explanation I heard was the TRIZ helps you find solutions for a problem you cannot solve or a problem to apply a solution to if you simply have an interesting idea.
Howard introduces P-TRIZ in his blog. The basic concept as I understand it from his talk and subsequent conversations and reading is that you can use TRIZ to create innovation opportunities around processes. Since processes and a companies ability to execute them differently can create sustainable competitive advantage, innovation in process is critical.
I remember back in 2000 when Cisco announced that they had achieved their "virtual close" where they could close their books in one day and that could be any day. A finance friend of mine was talking about several of his clients working to achieve this today. This is a great example of innovation in process.
I like this concept because I consider all things can be modified and developed, I like when I find information like this because I like so much technology.m10m, I think we have to do involved into technology because that's the future.
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