How do you develop innovative ideas to maximise your investment?

How do you develop innovative ideas to maximise your investment?

The article argues that innovation is essential for businesses to stay competitive and avoid becoming stagnant or irrelevant. Customers and employees both appreciate innovative companies, and innovations can lead to increased productivity and reduced costs. However, many companies struggle to innovate effectively. The article offers tips for developing innovative ideas, such as structuring brainstorming sessions and conducting business experiments. It also emphasizes the importance of management support for innovation and the need for metrics-driven approaches.

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More Innovation Resources:

5 benefits of open innovation supported with crowdsourcing

Crowdsourcing is a great tool for open innovation management as it helps you collect and analyze feedback, ideas and insights from your online community. It also reduces R&D cost and saves time, helps you meet customer demands, discover new possibilities, and engage around buzz.

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Creative Job Titles – 7 New Titles for the C-Level

Creative Job Titles – 7 New Titles for the C-Level

Creative job titles at the C-level, including Chief Recreation Officer and Chief Meme Officer, are becoming increasingly popular.

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Have You Reached Your Creative Peak?

Studying the lifespans of 221 famous painters, a new study suggests that the creative peak occurs at an average age of 41.92 years, and after living 62% of their lives.

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