Going ‘All In’ On Business Transformation
There are many different types of business transformations at play in today’s corporate world. This could, for example, encompass the significant di...
Business Innovation
One of the featured categories on All Things Innovation, Business Innovation features a range of helpful information on current business trends, innovative business models, and more for the innovation professional. This includes business innovation ideas, innovation ecosystems, future of work, growth innovation, supply chain innovation, finance innovation, and more. This area further looks at business transformation, strategic innovation, stakeholders, collaboration, and other foundational knowledge and business innovation ideas for the innovation expert and novice alike.
Business innovation refers to the process of creating and implementing new ideas, products, services, processes, or innovative business models that result in significant improvements, increased efficiency, or the development of novel strategies that give a company a competitive advantage in the marketplace. It involves finding innovative solutions to existing challenges or identifying new opportunities to meet customer needs, often with the goal of increasing revenue, reducing costs, or enhancing the overall performance of a business.
Business innovation ideas can take various forms, including product innovation, process innovation, business model innovation, marketing and sales innovation, organizational innovation, and technological innovation. Business innovation ideas are essential for companies to stay competitive and adapt to changing market dynamics. It requires a proactive approach, a willingness to take calculated risks, and a commitment to continuous improvement and creativity. Innovations can be incremental, where small improvements are made over time, or disruptive, where entirely new approaches or technologies revolutionize an industry.
Articles
Growing a Culture for Business Innovation
Whether it entails a large jump or a small step, the innovation pipeline for a business keeps it moving forward through a competitive landscape. Busin...
Embrace Good Friction to Stimulate Growth
The concept of positive brand friction postulates that it can be used to stimulate and maximize growth, improve the customer experience and enhance ma...
Innovation During A Downturn
Whether you believe the USA is headed toward or already in a recession, there are signs of a slowing or reversal of economic activity. Of the 15 metri...
15 Second Workday
This morning I generated 40 new product ideas with concepts and ad copy to accompany each. It took 15 seconds. This is just a small fraction of what...
Innovation Survey
The All Things Innovation Survey Committee along with FEI have created a Spend & Trends survey to provide you the opportunity to benchmark with your p...
2023 Outlook
Known uncertainty. We enter 2023 with some of the most known uncertainty of our lives. Going into 2019- certainty. Going into 2020- certainty-albeit m...
Innovation Ecosystems
Innovation is a journey, it’s a continuum of experiences, an act of exploration. The orchestration of ecosystems is more and more important in consi...
Interaction Innovation
We are at a time in history of incredible change and technological innovations, such as the rise of machine intelligence, and companies who keep doing...
Innovation Spend & Trends Report
The Innovation Spend & Trends Report has just been released onsite at FEI: Front End of Innovation. Be among the first to gain from this benchmarking...