According to the article, Innovation is simply creating something new — usually a method, idea or product.
The article focuses on the following topics:
- Objectives of Business Innovation
- Implement new ideas
- Launch new products
- Update current products, making them more efficient
- Streamline processes so they’re also more efficient
- Solve an existing business pain point
- Improve the customer experience
- The role of innovation in business
- Staying ahead of disruption
- Improving your brand
- Increasing efficiency
- Attract and retain top talent
- Types of Business Innovations
- Product innovation
- Business model innovation
- Process innovation
- Delivery innovation
- Organizational innovation
- Environmental innovation
- Social innovation
- Innovation is a Differentiator
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