A Comprehensive Guide to Innovation Metrics: Definition, Uses, and Advantages
You may have heard the saying, “you cannot manage what you do not measure.” There might be an element of truth in the phrase. But
The Importance of Innovation and its Need for Businesses
Remember Blockbuster? It was the most significant movie rental service of the 1990s. Yet it is no longer around. This is because it did not
What are Innovation Tools and Why Are They Required for Businesses?
Creativity is not a gift. It is a skill we can train with proper innovation tools. Kaoru Ishikawa famously said that quality professionals only
Technical Innovation: Everything you need to know about
Do you know the first model of technology? It’s a WHEEL. The screen on which you are reading this blog. The device on which you
Innovation Platform – Definition, Types, Benefits, and Examples
The world is rapidly changing and those that are going to survive are companies and businesses that have been set up to change with it.
Everything you need to know about Incremental Innovation
As Jamie Notter says, Innovation is the change that unlocks new value. The 13th century was the emerging point of innovation as it’s a derivation
Ideas Evaluation – Definition, Process, Methods and Criteria
Ideas always have a lot of uncertainty involved and little data to back them up. Thus, prioritizing ideas evaluation and making decisions on which ones
The Definition and Significance of Open Innovation for Organizations
Let’s discuss open innovation through a scenario. Would you say that all the smartest people in the world live in your company? Thought not.
Breakthrough Innovation – Definition, Importance, Creation and Examples
What is breakthrough innovation? Breakthrough innovation is an innovation from inside a company that pushes something to the next level. So, this innovation is when
Innovation Management: Meaning, Process, and Tool
What is innovation management? Innovation management is managing the implementation of new ideas. This process includes everything starting with idea generation, developing the idea, planning,
Innovation Strategy – Importance, Development, Implementation, Types and Examples
What is an Innovation Strategy? Innovation is about creating new value for the people who are willing to use and pay for it. A strategy
25 Business Ideas To Start a Business within 1000 Dollars
Today is the day we break the myth about how starting a business is always an expensive affair. All you need is just $1000. YES,