Post by account_disabled on Oct 18, 2023 1:12:44 GMT -5
Innovation is, today, a necessary practice for survival in the market. Therefore, investing in innovation is essential to keep your business sustainable and with prospects for future growth. When implementing an innovation process in your company, carrying out continuous management, there are a series of gains and benefits – financial, in employee engagement and satisfaction, in market visibility, etc. Innovation management ensures improvements in processes, services and products, in addition to creating new solutions (which can generate new consumption habits, needs and market niches). In today's article, we will present you with some of the main reasons to invest in innovation in 2023. Continue reading.
Check out this article: What is innovation? The innovation market Why invest in innovation? How much to invest in innovation? Innovation horizons Conclusion What is innovation? For the Aurélio dictionary, innovation is what constitutes something new. According to the Oslo Manual , an innovation is a new and/or improved product or process that differs significantly from previous products or processes and that has europe mobile number list been made available to potential users (product) or put into use (process). At AEVO, we simplify the concept to: Innovation is an implemented idea that generates value for the business. Within this concept, it is important to unravel some points: Idea implemented: the first highlight is the understanding that innovation does not simply stop at the idea. Certainly an insight can be the spark for a great innovation, however, without the execution and delivery of this idea, no value will be generated or created; Generate value for the business: secondly, it makes no sense to conceptualize innovation as the execution of a new and unique idea that does not generate value.
Some improvement must be noticed in your process, product or service from the implementation of the idea for it to become an innovation. A new and unique idea implemented without generating value is just an invention. Alignment with strategy: when innovation is linked to the company's strategic objectives, results are maximized, as it innovates with the purpose of achieving a result “x” or “y”, which will make the organization remain sustainable in the present and with projection of future growth. The innovation market Although entrepreneurs and managers recognize the vital importance of innovation, research carried out by Palas consultancy shows that there is still no clear understanding of how this investment should be made in practice.
Check out this article: What is innovation? The innovation market Why invest in innovation? How much to invest in innovation? Innovation horizons Conclusion What is innovation? For the Aurélio dictionary, innovation is what constitutes something new. According to the Oslo Manual , an innovation is a new and/or improved product or process that differs significantly from previous products or processes and that has europe mobile number list been made available to potential users (product) or put into use (process). At AEVO, we simplify the concept to: Innovation is an implemented idea that generates value for the business. Within this concept, it is important to unravel some points: Idea implemented: the first highlight is the understanding that innovation does not simply stop at the idea. Certainly an insight can be the spark for a great innovation, however, without the execution and delivery of this idea, no value will be generated or created; Generate value for the business: secondly, it makes no sense to conceptualize innovation as the execution of a new and unique idea that does not generate value.
Some improvement must be noticed in your process, product or service from the implementation of the idea for it to become an innovation. A new and unique idea implemented without generating value is just an invention. Alignment with strategy: when innovation is linked to the company's strategic objectives, results are maximized, as it innovates with the purpose of achieving a result “x” or “y”, which will make the organization remain sustainable in the present and with projection of future growth. The innovation market Although entrepreneurs and managers recognize the vital importance of innovation, research carried out by Palas consultancy shows that there is still no clear understanding of how this investment should be made in practice.