Uploaded byMegha Kotak, PMP
Innovation
The document discusses the importance and benefits of innovation. It provides definitions of innovation from thinkers like Peter Drucker and discusses how innovation can increase profits by delivering more value to customers, cut costs of production and operations, and create value for both companies and consumers. Innovation is described as vital for growth, increased productivity, economic wealth, and survival. Thinking creatively and strategically can lead to innovative ideas but also require implementation through makeovers of processes, services, products, markets, technology, and more.
Innovation
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- 3. I believe touse… “Innovation is … The profitable implementation of ideas” kotak.megha@gmail.com
- 4. Increase the profitson the value side… Customers value an Innovation and hence enough to pay more for it… kotak.megha@gmail.com
- 5. Cut the costin Production, Operation, Administration, Marketing, Promotion, Branding, Technology and many more… Company delivers the right product to the right customer much more efficiently kotak.megha@gmail.com
- 6. Either way, createVALUE for Company and Consumer $ kotak.megha@gmail.com
- 7. Growth Increasein productivity Economic wealth… kotak.megha@gmail.com
- 8. Survival!!! kotak.megha@gmail.com
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- 10. THINKING Creative Strategic Transformational kotak.megha@gmail.com
- 11. Lead to numerous INNOVATIVE Ideas kotak.megha@gmail.com
- 12. But all thesedescribe where “Makeover” is vital kotak.megha@gmail.com
- 13. Process Service Product Market Customer Technology And many more… kotak.megha@gmail.com
- 14. By Peter F.Drucker… (American Educator & Writer; 1909) “Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth. “ kotak.megha@gmail.com
- 15. Look better byimproving your… Brand Profile World Wide Web presence Identity kotak.megha@gmail.com
- 16. Breathtaking designs orhighly integrated technology alone will not solve the purpose. You need a concept to map a way for a unique user experience… kotak.megha@gmail.com
- 17. Website Multimedia Rich media Audio Video Mobile kotak.megha@gmail.com
- 18. Innovation is theengine that drives corporate GROWTH… kotak.megha@gmail.com
- 19. How you doby improving your… Navigation Process Project Management System kotak.megha@gmail.com
- 20. Correct ProcessEvaluation Reduce Errors Streamlining New Processes More Returns on Ideas : Returns on Investment Reduce Expenditure : Save to survive! kotak.megha@gmail.com
- 21. Improve your technology… Technology Platform Technical Environment Automation System Software Applications kotak.megha@gmail.com
- 22. Simplified Technology User friendly environment Easy to use still secure technology kotak.megha@gmail.com
- 23. A 360° Solutionto… Rejuvenate your business. Innovation : Shadez of business… kotak.megha@gmail.com