Greetings from Faber Infinite!
Innovation is must to sustain in today’s dynamic business world. Every company has to focus on Innovation also as a crucial part of organisation. Corporate Innovation may vary with existing level of organisation. With existing business, every company has to explore new opportunities.
Gone are the days when companies were focusing on profitable products only, companies have to focus on new innovations as well which can actually grow their organisation at much faster pace. Innovation is not one day job but it is more of process which every company has to follow. Continuous Innovation may differ with various business types like Mature Business, Rapidly Growing Business and Emerging Business. Companies now has to focus on Lean Innovation Management to make Corporate Innovation work.
I have come across an interesting article on Lean Innovation Management. Below is graphical representation of one the key highlights of the Lean Innovation.
Have a Transforming Tuesday!!