What is innovation? How will you achieve business growth through innovation? Innovation will give your enterprise longevity. Learn what segment your current products fall into. Are they “dogs”; “question marks”; “stars”; or “cash cows”? Optimise your current business growth situation, understand what your customers are wanting. Investigate what your competition is doing to innovate. See why they are or are not working. Before you attempt growth review you market research. This will help you identify key gaps in the market and where opportunities are. Learn what other ways you can get insights to improve your process. Do you have staff who are prepared to innovate? Learn how to determine who to encourage.
30Jan
LB1: Innovate1000: Double Growth Through Innovation
Your enterprise may be growing at present. But, you can be certain that innovation and disruption will erode what have been successful services or products. We see this at work all the time. Years ago, videos came on a cassette tape. Then DVD's and now streaming services. Your enterprise will decline without...