A new or improved service delivered to a customer or market which costs less to operate, or sells at a higher margin.
Process innovation is the improvement of existing processes to gain an advantage in terms of cost, quality or speed.
Pattern Recognition is an essential part of human learning that, in a business context, is about recognizing patterns in data.
Failure: An expected outcome where a process or idea falls short of its goals, providing valuable learning opportunities for future innovation.
Learn how to tap into the potential of multi-brand customers and increase your sales growth by creating new products, providing new features, boosting performance, or offering new services.