Why take Innovation seriously?

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  • Опубліковано 18 січ 2022
  • Bytesize Innovation
    WHY should I take innovation seriously?
    I think we all know, the world is changing faster than any time in history. Businesses therefore have to constantly strive to reconnect to their markets and customers in increasingly more meaningful ways, “escalating” the value they bring to the market.
    if Businesses don’t adapt to these ever-evolving changes in the market, the Gap between market relevance and business value widens.
    So how do Businesses succeed in this ever-changing world.
    The Application of Business Innovation
    This proivides
    Responsiveness: Enables the business to remain in tune with, and adaptable to, responding, to changing market conditions.
    Relevance: Enables the business to shift and adapt what it offers to meet the motivations and desires of its customers.
    Resilience: Enables the business to remain in business for the next 100 years.
    Growth: Revenue, Profit, Market Size etc…
    Done wrong, Innovation is an expensive, resource and time hungry exercise, something that provides significant risk.
    Done right Innovation reduces risk, generates significant business value protecting the business from disruption
    If you want to learn more about the power that Applied business innovation brings to you or your company come see me and the team at the APAC Innovation Institute. www.apacii.com. a proud authorised training provider of GInI the Global Innovation Institute

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