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 to implement right away, which ones to test or pilot and which ones to keep for later will put you in a bit of a pickle. Idea evaluation definition […]
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. This may seem obvious. But, it is a prevalent misconception. It manifests in the way many companies do innovation. They leave all the creative work to employees alone. […]
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 you bring something new to the world. Breakthrough innovation is an essential concept in innovation strategy as it can demonstrate virtually all societal progress or real economic growth driven by […]
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, and till the very implementation. It works as a systematic roadmap to bring ideas to life. Innovation management deals with promoting idea generation and working to develop these ideas […]
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 is a plan for harnessing. For example operations, marketing, finance, and R&D to support achieving the competitive goal. If you think about marketing, for example, you will not want […]
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, you can start a business with 1000 dollars. Read on to find an extensive list of 25 business ideas that will help you to start a business with 1000 […]
The Innovation Process: Importance, Steps, Types, Examples, and Risks Involved
What is the Innovation Process? Innovation refers to the introduction of a new quality of a good or a new good, market, method of production, source of supply, and organization in an industry. The most promising thing about the innovation process is being able to actualize an idea into a successful concept. In this […]
The perfect way to cold email your investors
Cold-emailing can be difficult. Finding the perfect words that will ensure investors open your email is not easy. And we have all been there, struggling to increase our open rates. But it doesn’t have to be this way. Read on to know the perfect way of how-to cold email investors. According to MailChimp, […]
How to Start an Online Business- A complete guide
Entrepreneurship can be full of hardships. Do not get disheartened though. It is possibly the only thing that will pave the way towards financial and career independence. And it will also create something new to solve modern world problems. Given the world that we live in today and the lifestyle that we are slowly […]
Examples of Elevator pitches and How It Can Prove to Be a Game Changer
Let us get one thing straight to understand the concept of elevator pitch examples. You may be connecting with a prospect for the very first time. Then you should never paste your elevator pitch into your email. You should also not say it as soon as they pick up the phone. That never works. […]
