Most companies are conventional in their business activities and may try to create an innovative process or even designate an innovation department to try and keep themselves from plateauing.

1. IS YOUR COMPANY
INNOVATIVE ENOUGH
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Most companies are conventional in their business activities and may
try to create an innovative process or even designate an innovation
department to try and keep themselves from plateauing.
While this can produce the occasional blockbuster getting the whole
organization to think innovative will leverage the creative capacity of
everyone and produce dramatically better ideas and innovations.
Instead of focusing on innovating new products all the time, you can
use this leveraged creative to innovate on new approaches to the
regular business model.
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Opening the innovation process to departments outside of new product
ideas, allows you to improve almost every aspect of your organization
including sales, marketing, human resources, and the innovation
process itself.
The creative capacity of your organization, just like the innovation
process, is not bound and can be further leveraged by bringing in the
ideas of customers, business partners, and even competitors.
Using all available information to help you innovate solutions to your
problems or further improve on your strengths will give you innovative
moment that you can use to cycle back to new product ideas.
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Innovating on price models and volume models can give you the change
in landscape that you are looking for.
With basic supply and demand economics you can innovate on the
possibilities of increasing volume or increasing price and how that
would affect your bottom line.
By continually iterating and integrating the customer feedback into the
innovation process you can use data to drive the decisions and form an
innovative approach that can dramatically increase your profits.
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When sales need to be improved you can use the innovative process to
solve sales problems or simply give them a boost.
Setting the creative capacity to work on the delivery mechanism for
your products or services will allow you company to find new revenue
streams and maximize the current sales techniques.
Even if the innovation is just an iteration or small tweak on an existing
sales process or avenue, the potential gains from consistent innovations
can be staggering.
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Using your creative innovation process to increase the talent that you
are able to innovate from is one of the most cost effective ways to
improve innovation.
By setting your innovation process loose on the human resources
processes and protocol you will be able to recruit more creative and
better staff that can help to accelerate your innovative culture and
increase your ability to innovate on demand.
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Innovation can and should be used on every aspect of your business to
maximize your results.
Making continual improvements in all areas will positively affect your
bottom line while allowing you to increase your competitive advantage.
Don`t forget to innovate on your human resources department and
leverage your complete creative capacity for maximal results.
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8. GROWING BUSINESS WITH INNOVATION
For additional information about Business Innovation
please visit www.InnovationGrow.com