Enclosure (1) to COMDTINST 5240.6
Funds Saved. Give an estimate of how much money a month your innovation
(individual/team or process improvement) will save the Coast Guard, excluding
labor-hours. Make the calculation in a similar fashion using the same method as the
one used for the Time Saved calculation.
NOTE: It is possible and permitted to submit an innovation where it is difficult to calculate
savings in time and money. For example, you may develop a safer way of doing something. If
there are no hard time or money savings, please note "intangible savings".
o Solution/Plan. Provide a brief summary that addresses one of the following in 100
words or less (note applicable enclosures):
In this section, describe the solution and plan for either: a) innovation executed by the
individual/team or b) prototype or test of process improvement. This should include a
description of how it saved (or will save) time and/or funds (if appropriate).
Solutions may describe how something was made safer or the significance of
impact/effects of implementing a new technology, model, or system.
Resource or Policy Change Request. Provide a brief summary that addresses one of the
following in 100 words or less (note applicable enclosures):
o If required, answer one or more of the following questions: What should happen with this
innovation? Do you need more funds to develop the innovation? (If yes, provide an amount
and a breakdown of how it will be used.) Would you like the innovation presented to the
appropriate program manager? Are you publishing a best practice completed by an
individual/team that should be shared within your specialty or customer community? This
information will help the Industrial Program decide on a course of action. Also include
any risks associated with successful implementation of the innovation.
File. Attach any supporting documentation.
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