18471046 Innovation Ppt[1]

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Innovation

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18471046 Innovation Ppt[1]

  1. 1. It’s in OUR NATURE
  2. 2. Innovation is a process of taking new ideas to satisfied customers. It is the conversion of new knowledge into new products and services. What is INNOVATION???
  3. 3. CREATIVITY and INNOVATION are not the same !
  4. 4. <ul><li>FORMS OF INNOVATION </li></ul><ul><li>Radical Innovation </li></ul><ul><li>Incremental Innovation </li></ul>
  5. 5. FORMS OF INNOVATION <ul><li>Radical Innovation </li></ul>Incremental Innovation
  6. 6. INNOVATION – MAKING A DIFFERENCE
  7. 7. <ul><li>Financial backing to innovation </li></ul><ul><li>Give opportunities to employees </li></ul><ul><li>Skillful recruitment policy </li></ul><ul><li>Information from outside the organization </li></ul><ul><li>Target being set for innovation </li></ul><ul><li>Employees should be rewarded </li></ul>INNOVATION STRATEGIES

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