September 21, 2013
Innovation what keeps businesses relevant and challenges their competitors. There is a simple recipe for innovation that is often overlooked by most businesses because they are afraid to push boundaries or are afraid of failure.
The five key elements of innovation:
- Atmosphere. Innovation is not only developed through collaboration and working with others, but it is also driven by the quiet thinkers. So a work environment where both activities can happen is detrimental to success.
- Listen. Some of the best ideas might be from your front-line employees, not the case-studies.
- Listen More. Customers love to share their stories about their experience with your business or others — both good and bad. Learn to love to hearing them.
- Innovative partners. It’s always good to have another perspective from another talented individual, they may come up with some wild ideas that you never would have dreamed up before.
- Perseverance. Life is never going to hand you anything for free, even if you have “the next big thing.” Keep working hard, and everything will work out as it should.
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