Is your company innovative enough
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Is your company innovative enough

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Most companies are conventional in their business activities and may try to create an innovative process or even designate an innovation department to try and keep themselves from plateauing.

Most companies are conventional in their business activities and may try to create an innovative process or even designate an innovation department to try and keep themselves from plateauing.

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Is your company innovative enough Is your company innovative enough Presentation Transcript

  • IS YOUR COMPANYINNOVATIVE ENOUGHFor additional information about Innovationplease visit www.InnovationGrow.com
  • www.InnovationGrow.comMost companies are conventional in their business activities and maytry to create an innovative process or even designate an innovationdepartment to try and keep themselves from plateauing.While this can produce the occasional blockbuster getting the wholeorganization to think innovative will leverage the creative capacity ofeveryone and produce dramatically better ideas and innovations.Instead of focusing on innovating new products all the time, you canuse this leveraged creative to innovate on new approaches to theregular business model.2
  • www.InnovationGrow.comOpening the innovation process to departments outside of new productideas, allows you to improve almost every aspect of your organizationincluding sales, marketing, human resources, and the innovationprocess itself.The creative capacity of your organization, just like the innovationprocess, is not bound and can be further leveraged by bringing in theideas of customers, business partners, and even competitors.Using all available information to help you innovate solutions to yourproblems or further improve on your strengths will give you innovativemoment that you can use to cycle back to new product ideas.3
  • www.InnovationGrow.comInnovating on price models and volume models can give you the changein landscape that you are looking for.With basic supply and demand economics you can innovate on thepossibilities of increasing volume or increasing price and how thatwould affect your bottom line.By continually iterating and integrating the customer feedback into theinnovation process you can use data to drive the decisions and form aninnovative approach that can dramatically increase your profits.4
  • www.InnovationGrow.comWhen sales need to be improved you can use the innovative process tosolve sales problems or simply give them a boost.Setting the creative capacity to work on the delivery mechanism foryour products or services will allow you company to find new revenuestreams and maximize the current sales techniques.Even if the innovation is just an iteration or small tweak on an existingsales process or avenue, the potential gains from consistent innovationscan be staggering.5
  • www.InnovationGrow.comUsing your creative innovation process to increase the talent that youare able to innovate from is one of the most cost effective ways toimprove innovation.By setting your innovation process loose on the human resourcesprocesses and protocol you will be able to recruit more creative andbetter staff that can help to accelerate your innovative culture andincrease your ability to innovate on demand.6
  • www.InnovationGrow.comInnovation can and should be used on every aspect of your business tomaximize your results.Making continual improvements in all areas will positively affect yourbottom line while allowing you to increase your competitive advantage.Don`t forget to innovate on your human resources department andleverage your complete creative capacity for maximal results.7
  • GROWING BUSINESS WITH INNOVATIONFor additional information about Business Innovationplease visit www.InnovationGrow.com