In today’s turbulent market, the question is not whether to innovate or not, but how. Changing what you offer and how you offer it is vital to survive in today’s market. Innovation is crucial for today’s business. Make it yours and stay always on the lead.
- Manage the process
Innovation is rarely a flashing lightbulb moment; it is more akin to a journey through the shifting of ideas. It does not have to become a bureaucratic process, but it has to be intentional and systematic.
- Explore all the options
From updating your processes to changing your business model, there are many ways to innovate. Always keep in mind the plethora of possibilities before you to seize as many opportunities as you can.
- Pay attention to the small things
Big changes can bring huge innovation, but they also imply bigger risks and are rare. It does not take a whole revolution to achieve innovation; you just need to always do things a little bit better. This kind of incremental innovation is safer and easier to manage.
- Expand your network
Nowadays, the game is not about keeping knowledge, but about adding to and feeding from the great information stream.
- Create an innovative organisation.
Big players like Google and 3M make sure their people have the time and space to explore and experiment, keeping the same entrepreneurial environment that sparked their beginnings.
Innovation is crucial for today’s business. Make it yours and stay always on the lead.