Small innovations 7 key areas

270 views

Published on

There are 7 areas that can be innovated on, with even small innovations, that will cause large systemic changes in your company.

Published in: Business, Education
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
270
On SlideShare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
12
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Small innovations 7 key areas

  1. 1. SMALL INNOVATIONS 7 KEYAREASFor additional information about Innovationplease visit www.InnovationGrow.com
  2. 2. www.InnovationGrow.comThere are 7 areas that can be innovated on, with even smallinnovations, that will cause large systemic changes in your company.Most people and companies focus on too large of a problem and thiscan seem overwhelming, leading to an inefficient attempt to find asweeping solution.Focusing on 7 key areas and innovating often will provide your companywith consistent growth that will translate into more profit through acompetitive advantage.2
  3. 3. www.InnovationGrow.com1. TIMETime is the only truly finite resource that we all have and mostcompanies dont make the best use of what they are given. Innovatingin the area of time will help to find more time to accomplish thecompany objectives and simply get more done.Be mindful of time consuming practices, technology engagement, andoutsourcing, as sub-areas to innovate within time.3
  4. 4. www.InnovationGrow.com2. IDEA COLLECTIONMake sure that you make it easy to collect the ideas as they may occurby anyone in the organization, at anytime, anywhere.Having a process for idea collection will help to make the good ideasmore available as you are innovating in any area.Fully using technology, outsourcing, or even a notepad, can all beintegrated into the process.4
  5. 5. www.InnovationGrow.com3. BORROW MIND-POWERWhen you are stuck with a particularly difficult problem sometimes youjust need a fresh pair of eyes.Bringing in a consultant, partner, customer, or even a competitor willallow you to see the problem from a different angle and may lead to theinnovation that you need.5
  6. 6. www.InnovationGrow.com4. CUSTOMER IS KINGAnything that is done for your business should ultimately make theexperience better for the customer.With more and more competition in business customer servicebecomes more important.When innovating on any problem thinking about the best possiblesolution for the customer will usually yield the best results for thecompany.6
  7. 7. www.InnovationGrow.com5. HAVE A PROCESSInnovation is something that is almost useless without a systematicprocess to fully harness its power.Once you have a great innovation process you can use it to solve any ofthe problems that you are faced with now or in the future.7
  8. 8. www.InnovationGrow.com6. ASK MORE QUESTIONSAs the customers are the reason to be in business ask them how youare doing.Innovating on the feedback loop that you have in all areas will help youto create a better experience and better products for the customer.You can use this approach not only for the customers but also for youremployees.People like to be heard and valued and innovating on the feedbackprocesses that you have will make your company better ataccomplishing this.8
  9. 9. www.InnovationGrow.com7. MAKE IT REGULARInnovation can be spontaneous but the greatest thing about it is that itcan also be planned.Using the ideas that are collected and testing them with a greatinnovation process will allow you to get the most productivity forresources.9
  10. 10. www.InnovationGrow.comSchedule time each week to innovate on these 7 areas and yourbusiness will enjoy gradual and sustained improvement.The improvements will compound and then start propelling yourbusiness exponentially. The most important thing is to start and havea plan to innovate consistently.Doing this with these 7 areas will give your business a competitiveadvantage, no matter what the size.10
  11. 11. GROWING BUSINESS WITH INNOVATIONFor additional information about Business Innovationplease visit www.InnovationGrow.com

×