Becoming an innovative business
Business innovation is about creating and successfully applying new ideas within your organisation. This could be in the form of a major breakthrough such as creating and bringing a new product or service to market, or a series of smaller innovations such as finding better or more efficient ways of working and becoming more profitable.
Innovation is a creative process and some business ideas need an investment of time, energy and money in order to develop and deliver results. Developing a culture of innovation can be vital to your business's long-term success and profitability.
This guide provides information on the importance of new business ideas and creating an atmosphere within which innovation can thrive. It contains advice on the different approaches you can take and how to measure the success of your ideas.
- Last updated
- 04 January 2013
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