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Annual textile innovation: innovation, not for worry of

By: Carey James

Carding trade to weather the money crisis, the advanced experience, innovation could be a vital. This is not way back, China Textile Business Association, "Annual Artistic Folks," the thought of penetration, but conjointly all levels of the industrial chain of unity in consensus.
? ? ? ? Today, the "innovation" that once decade has been widely wanted within the creed, it's necessary awareness in the field, do something practical operation steps to expand and refine. Concern of innovation has become history, and additional firms place aside their growing importance of research, direct access to the slogan into a reality of economic challenges.
? ? ? ? An advisory body to review the global R & D Zai investigation into the prime one,000 companies by draw conclusions: in 2006 before there's no statistical knowledge show that the corporate's R & D investment and also the performance level of an association, including sales growth, gross margins, corporate profits, market share or stock returns. But, within the 2009 list of China's textile innovations figures, the 2 establishments are excluded, and two clusters, the remaining 16 folks produce innovative parent corporations are distinguished in the performance of economic performance.
? ? ? ? To which representatives of listed corporations Lutai, for example, science and technology accounts for 5% of sales ratio has not shrunk in the event of crisis; 2009 revenues of 4.eighty six billion yuan business, profit 676 million yuan, profit margin of 13.9%. Then hit by the crisis relatively violent and textile machinery industry representatives with an example, last year the cotton spinning equipment in the foremost difficult time, since the implementation of technological transformation Cut 85 million yuan in 2009, sales are up fifty%, 16% profit margin .
? ? ? ? Macroeconomic statistics, to the end of 2009, the industry 1 / three scale enterprises in more than eight% average profit margin of about 4,000 companies around the average profit margin of 16%, integrated main business profit additionally additional than this range, support high growth factor is that the science and technology, complete and marketing networks, provide chain and management of innovation in such various areas.
? ? ? ? Quantifiable, will be managed. Solely from the operating performance of the broad indicators to live innovation performance of enterprises, clearly will not meet the additional systematic and routine within the innovative development model. Foreign companies like advanced as a number of the innovative ways in which the numerous stages of refinement indicators of the textile enterprises in China currently remains quite far away. In the forum the exchange of nearly three hours, the reporters a wealth of innovative ways that to reap, but failed to notice a business within the "innovation" to start out the implementation of management practices.
? ? ? ? The fact is that innovation output Celiang directed at gradually been adopted, like business within the past year's new products, new services, new Yewu the number and kind of total revenue, bringing the value of innovation for the enterprise and price advantages of such. In regard to innovation input measured not on the agenda, like business hours for innovative comes the proportion of share capital budget, submitted to shape ideas from business operations and then to the typical time spent.
? ? ? ? Need not be afraid of this management strength. Some individuals say, "innovation" as the year true at the moment "quality", Total Quality Management in the ten years before proposed to go to the ancient manufacturing corporations you will find that quality from the outset has not been strict product to live and style to go including build the choice to become an necessary issue in management compensation, or perhaps in addition to specialized quality departments, front-line staff aren't involved within the rights and opportunities.
? ? ? ? From this attitude, this industry innovation has been beyond the initial stage of accidental capture. Enterprises are tuned in to: innovative ways in which to attempt to widen the front finish, by the value of innovation, technological innovation, product innovation, management innovation, market innovation, industrial chain, innovation, business model innovation means "free combination" to form a competitor to duplicate the innovation level; Secondly, innovation in the enterprise into the gene, the innovation from a functional departments, terribly few call- manufacturers act into full effect with a sturdy inertia; the same time innovative tentacles outside of target cells in a multi- maximization of thinking.
? ? ? ? Du Chau, president said, we have a tendency to want to try to to those things starting point and therefore the road map. Applied to industry innovation, might would like to bring awareness and practice of enterprise is already "innovation portfolio" as a starting point, and then kind an entire set of "innovation management" as a road map. When the innovative combination of ability and innovation management level nearer to the time unlimited, with "input + output" of the great indicator to measure innovation effectiveness matrix, no longer a fantasy.

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