9 Steps to Innovation Success

It’s time to get beyond the buzzword. Here are 9 ways to bring innovation to your company: CBS: Focus on [...]

March 15 2012 by ChiefExecutive.net


It’s time to get beyond the buzzword. Here are 9 ways to bring innovation to your company:

CBS:

  1. Focus on the immediate need and not the long-term problem
  2. Highlight scarcity
  3. Create a common enemy
  4. Focus on what can be done with “spare parts”

Entrepreneur

  1. Swim upstream – buck the trends in your industry
  2. Face your fear of change – remember that customers like change whereas businesses don’t, so you should take risks
  3. Listen to customers – ideas can come from your base
  4. Add unusual services – the might not further your core goal, but they can create buzz and drive customers to you
  5. Get behind your idea – when you have an idea, go with it right away

Click here for A Step-by-Step Guide for Business Innovation from Chief Executive.

Read: 4 Ways You Can Ignite Innovation
Read: Five Tips to Inspire Innovation at Your Small Business
Read: A Step-by-Step Guide for Business Innovation
Also Read: Innovation’s Nine Critical Success Factors