Implementing Corporate Innovation: A Difficult but Necessary Task
Corporate innovation is the process of introducing new ideas, methods, strategies, or products within a company. It is necessary to keep a business relevant and competitive in today’s ever-changing marketplace. However, implementing corporate innovation can be challenging for several reasons. Let’s look at some of the challenges in implementing corporate innovation and how to overcome […]
What Is Innovation
Innovation is defined as “a new idea, method, or device.” It is often used interchangeably with words like “creativity” and “invention.” But while all innovations are creative, not all creativity is innovative. So, how can you tell the difference? An invention is completely new, whereas an innovation improves upon an existing idea, method, or device. […]
