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Topic: Innovative ness key to Business Growth (Read 412 times)

sr. member
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November 03, 2024, 04:53:45 PM
#43
The difference between between two people doing the same business lies on the fact that one person is not innovative holding on to the normal way of doing things while the other is innovative always looking for different ways of doing things in a bid to  improve on his business
An innovative business is a dynamic business and a dynamic business is a business that will stand the test of time because with every change in trend and season the business adjusts to suits its customer. A rigid business with rigid rules would lose customers easily because when things change and the business refuses to change customers who like new things will migrate to the business that offers a service better than what they are used to. As a business owner if you lack the creativity to remain innovative you can seek to employ creative individuals into your company to help maintain the innovativeness that is required for business sustenance and sustainability.
Any business that is open to innovation will surely be successful in the long run. I will advise that when we are planning on a business, we want to do we should make sure we are not focusing on the benefit of it in the short run but in the long run. I know many persons are comfortable seeing their daily benefits in some businesses but let's know that not all of them are something we can expect to upgrade or enhance in the future when changes come. Although there are businesses that are better for the short term in other to raise capital for a bigger business. This is why it is important that at the beginning stage we should have decide what type of business (long term or short).
hero member
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November 03, 2024, 01:37:17 PM
#42
Innovation seems like a new strategy to a lot of people in this century,but regardless of whatever it means and how people sees it makes it easier for them to be able to calculate and measure the marketing games.Its very necessary to think outside of the box in marketing techniques.The results and outcome of two business owners varies because of the creativity that either of them generates.
An innovative mind in this era is a key factor to a satisfying and long lasting business experience.
Everyone has to adopt, and even if it looks something new to most, innovation is one way to thrive in today's way of doing business. There are many ways to innovate in terms of doing business, but not all businesses can benefit from it. And that is because there are businesses that are intended only to grow in the local area and it doesn't even need to be applied for. It also depends on the businessman that does the business because if they're quite old and loves the traditional way of doing business, they're already satisfied with how business goes and they don't want to meddle with its operations if they've been used to the older traditional setup.
hero member
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November 03, 2024, 01:11:29 PM
#41
In today’s situation, where so many people are diving into business, we need to stay innovative to keep competitive—that's the key to real growth. Being business-minded means looking beyond just the present; it’s about seeing the future, too. We need to think bigger and stay proactive in tackling whatever comes our way. Strategic thinking and having solutions ready for any challenge are essential. That’s why business owners invest more in innovation and training because these are the driving forces that lead to success. It is quite expensive, but of course, the return is quite good as well. 

Innovation seems like a new strategy to a lot of people in this century,but regardless of whatever it means and how people sees it makes it easier for them to be able to calculate and measure the marketing games.Its very necessary to think outside of the box in marketing techniques.The results and outcome of two business owners varies because of the creativity that either of them generates.
An innovative mind in this era is a key factor to a satisfying and long lasting business experience.
full member
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November 02, 2024, 09:34:37 AM
#40
The difference between between two people doing the same business lies on the fact that one person is not innovative holding on to the normal way of doing things while the other is innovative always looking for different ways of doing things in a bid to  improve on his business
An innovative business is a dynamic business and a dynamic business is a business that will stand the test of time because with every change in trend and season the business adjusts to suits its customer. A rigid business with rigid rules would lose customers easily because when things change and the business refuses to change customers who like new things will migrate to the business that offers a service better than what they are used to. As a business owner if you lack the creativity to remain innovative you can seek to employ creative individuals into your company to help maintain the innovativeness that is required for business sustenance and sustainability.
full member
Activity: 644
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November 02, 2024, 07:47:05 AM
#39
In today’s situation, where so many people are diving into business, we need to stay innovative to keep competitive—that's the key to real growth. Being business-minded means looking beyond just the present; it’s about seeing the future, too. We need to think bigger and stay proactive in tackling whatever comes our way. Strategic thinking and having solutions ready for any challenge are essential. That’s why business owners invest more in innovation and training because these are the driving forces that lead to success. It is quite expensive, but of course, the return is quite good as well. 
Especially in the digital era, to start a business, of course, you must be able to make creative innovations and must be able to see the long term. In an era like this with very competitive business competition, without innovation, business will stagnate or even be left behind even though we have a lot of capital, so the key to business is those who are able to continue to develop in every era and have creativity in making the latest innovations. Yes. right. Many businesses now spend a lot of money to provide training for employees so that they can continue to innovate even though the costs are expensive, but this is not the same as what is obtained from the business.

The increasingly tight business map so that competition occurs certainly depends on the innovation you provide. So if you want to be a successful businessman, you must continue to make breakthroughs to produce innovation. Innovation continues to be refined until it can finally become the main solution to satisfy consumer emotions. In conclusion, successful innovation will always bring goodness to your business in the long term, both in increasing value and in spurring the growth of your business.
legendary
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October 31, 2024, 05:00:18 PM
#38
Innovativeness entrails the act and practice of being idealistic and doing things differently from the traditional way of doing things. It involves bringing new skills ideas and approach to an already existing way of doing things.

Innovation is a business skill needed to grow your
business beyond the level that it's today. Because the business environment is a very tasking environment and only people with innovative ideas can move forward.

The difference between between two people doing the same business lies on the fact that one person is not innovative holding on to the normal way of doing things while the other is innovative always looking for different ways of doing things in a bid to  improve on his business

Innovation is definitely a key driver of growth and one of the reasons that the American economy has been a powerhouse for such a long time - they are simply very good at bringing new ideas to market. Almost equally as important is protecting the owners of innovative products, because there is no good spending billions to produce a new drug only to have it stolen or copied enmasse by competitors and this is another thing that most developed legal systems, into across different geographic areas, will be able to do. Often the innovators have to put a lot of hard work and testing into their latest products, so they deserve to make the largest bank off those products that are really successful, at least for a predefined amount of years after it is invented.
legendary
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October 31, 2024, 03:41:50 PM
#37
The first line said it all about innovativeness and yes it does have an impact on the business growth but necessarily it doesn't define the outcome of the business, because inorder to boost the growth of any business it requires alot not just innovations.
Innovative sounds like a new thing and I'm sure a lot of us likes new stuffs, so they will engage on it and that makes the business successful actually. When we are innovative, we are also doing great on other aspects. So don't you worry about them.

another without innovations doing better so it's not necessarily based on innovations but strategic planning in achieving the business growth.
There are also people who likes the old school. No offense but they are usually the adults. They keep the business like that alive. If I'm going to build a business, that would be a hybrid one so that I can cater both types of customers and that means more income for me. Actually we already have a small business. We are selling food like fried chicken. I can say that we are also innovative in a way that we support cashless payment but it wasn't crypto since I think cryptos are not yet famous in our local and then we know its fees are also high and the speed may not be really fast.
sr. member
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October 31, 2024, 01:35:23 PM
#36
Innovativeness entrails the act and practice of being idealistic and doing things differently from the traditional way of doing things. It involves bringing new skills ideas and approach to an already existing way of doing things.

Innovation is a business skill needed to grow your
business beyond the level that it's today. Because the business environment is a very tasking environment and only people with innovative ideas can move forward.

The difference between between two people doing the same business lies on the fact that one person is not innovative holding on to the normal way of doing things while the other is innovative always looking for different ways of doing things in a bid to  improve on his business
It is indeed time for every businessman to be innovative in developing his own business if he does not want to be defeated by his own opponents with the same business model. Because currently there are many competitors who are already visible in various business fields with various services so that every businessman must be able to develop in terms of thinking and also in terms of implementing ideas that are so creative so that they can always be superior to their competitors in any environment.

There are many people doing the same or similar job and to be different from these people, you need to be innovative. A job can bring good profit for a certain period of time but if the income of the job starts to decrease after a while, then you need to act quickly to be innovative. In order to improve your job and be a better option against other businesses, you need to make improvements to your job with an innovative approach.

Every business feels the need to improve itself after a while. The sooner the business owner sees this need, the easier it is to make a positive development.
Innovation plays key role in every business because circumstances can be change in future and we should prepare for every kind of situation. Always try to do different things which people need that and your improvement will help your company to grow if you are job holder because job holders have to struggle for their survive in the company. Employee of the company always try to go ahead and they try different things to be more beneficial for the company and then they get promotion. Your growth is necessary and you will grow your family will be happy and when company will grow city will be happy and  country will get benefit in the form of taxes.
hero member
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October 27, 2024, 10:24:04 AM
#35
Innovativeness entrails the act and practice of being idealistic and doing things differently from the traditional way of doing things. It involves bringing new skills ideas and approach to an already existing way of doing things.

Innovation is a business skill needed to grow your
business beyond the level that it's today. Because the business environment is a very tasking environment and only people with innovative ideas can move forward.

The difference between between two people doing the same business lies on the fact that one person is not innovative holding on to the normal way of doing things while the other is innovative always looking for different ways of doing things in a bid to  improve on his business
It is indeed time for every businessman to be innovative in developing his own business if he does not want to be defeated by his own opponents with the same business model. Because currently there are many competitors who are already visible in various business fields with various services so that every businessman must be able to develop in terms of thinking and also in terms of implementing ideas that are so creative so that they can always be superior to their competitors in any environment.

There are many people doing the same or similar job and to be different from these people, you need to be innovative. A job can bring good profit for a certain period of time but if the income of the job starts to decrease after a while, then you need to act quickly to be innovative. In order to improve your job and be a better option against other businesses, you need to make improvements to your job with an innovative approach.

Every business feels the need to improve itself after a while. The sooner the business owner sees this need, the easier it is to make a positive development.
legendary
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October 27, 2024, 09:27:00 AM
#34
Innovativeness entrails the act and practice of being idealistic and doing things differently from the traditional way of doing things. It involves bringing new skills ideas and approach to an already existing way of doing things.

Innovation is a business skill needed to grow your
business beyond the level that it's today. Because the business environment is a very tasking environment and only people with innovative ideas can move forward.

The difference between between two people doing the same business lies on the fact that one person is not innovative holding on to the normal way of doing things while the other is innovative always looking for different ways of doing things in a bid to  improve on his business
It is indeed time for every businessman to be innovative in developing his own business if he does not want to be defeated by his own opponents with the same business model. Because currently there are many competitors who are already visible in various business fields with various services so that every businessman must be able to develop in terms of thinking and also in terms of implementing ideas that are so creative so that they can always be superior to their competitors in any environment.
hero member
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October 27, 2024, 09:09:16 AM
#33
Learning everything before trying is indeed very important for anyone and after they understand it well then they will be ready to try to do it and get the benefits of what they do,
Truly, all business men learn with experience, and the courage to take action. A breakthrough strategy could be shared amongst five entrepreneurs and one or two persons would implement it, then the remainder leaves theirs untouched until they've watched someone grow with the idea. Innovation requires years of modeling! And only a few CEOs work as leaders to boost their company to the world.

hero member
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October 27, 2024, 08:47:38 AM
#32
  when it comes to business we need to combine all the elements together and create a balance between them . You are right, the key here is balance ,  we should not focus on just one innovation element and ignore the others .

Innovation is only necessary when our business becomes obsolete or the old way of doing business no longer works, but if everything is stable then there is no reason to innovate . Also, innovation is not always effective ,  we need customer feedback and opinions because if innovation does not make them more satisfied then we need to reconsider .

There are many things in business from which one learns a lot and can easily understand.  No one is an expert in everything and I mostly prefer business because it is a job where you invest a little time and you get a lot of profit. Because in this work you have your own money in which you can keep as much profit as you want which will give you a lot of money and fulfill everything you want. See a job never gets old or more people go into it or something new is invented that makes it obsolete.  They have been eating bread for a long time but today it has been replaced by other foods.  Although bread is not difficult to find. 

Do you have a business? Because for me, business is not a job that we invest little time and will get big profits like many people say. If asked between being self-employed and working for someone else, I would tell you that working for someone else is much simpler than being a business owner. I have been in business before and usually spend 14h to 18h every day to serve my business. This is a hundred times more difficult and tiring than working for someone else. On the profit side, making profits has never been easy and sometimes there are losses, even huge losses.


Everyone is right, working for someone else will never make us rich and business is the way we can become rich but becoming rich is not easy. Everything has its price, if you want to have a lot of money, want to be free and not have to obey anyone, you need to trade things that others cannot trade. It could be time, health and sometimes family.

Don't look at people who have succeeded and become rich through business and think that becoming like them is simple. Sometimes they have to trade their lives to achieve those things.
sr. member
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October 27, 2024, 08:22:24 AM
#31

In short:  when it comes to business, we need to pay attention and make sure all the factors , which factors need to be adjusted, which factors need to be changed, we will intervene. We should not just focus on one factor as I said.


There are many considerations for the business factors that we are engaged in, all things need to be mature in compiling the innovation that we develop from the beginning, it is very important to support progress, in accordance with the business plan that we are aiming for, an innovation is sometimes less effective in implementing it, of course, we must consider innovations whose ideas come from outside thinking.

You are right but for that, make a business about something that people will be interested in and like.  But such things are very few in the market, if there are, a lot of brains and money are invested in them. Do whatever you are doing with hard work and heart, you will surely succeed in it and with it you will gain experience in big business.

This can only be done by people who are passionate about business and make money.  Because those who are other people this thing will happen and the factors will happen, then they will start work, it is wrong.  If you want to earn money, you can earn money in small and easy ways. Every job has a limit that must be met to start the job but some people do not accept these things. Anywhere they work there will be a crowd of course it may be less or more than other areas, but you start work.
sr. member
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October 27, 2024, 03:01:10 AM
#30
There are many things in business from which one learns a lot and can easily understand.  No one is an expert in everything and I mostly prefer business because it is a job where you invest a little time and you get a lot of profit. Because in this work you have your own money in which you can keep as much profit as you want which will give you a lot of money and fulfill everything you want. See a job never gets old or more people go into it or something new is invented that makes it obsolete.  They have been eating bread for a long time but today it has been replaced by other foods.  Although bread is not difficult to find. 
Learning everything before trying is indeed very important for anyone and after they understand it well then they will be ready to try to do it and get the benefits of what they do, related to business of course someone must really understand it so that they do not make mistakes that harm themselves because without understanding a type of business well of course they will experience losses when running their business.

Having innovation in a business is important because with new innovations will always be able to make their business survive and grow following developments that continue to occur all the time and for some people who are lacking in innovation of course they will have difficulty in following developments that occur and not infrequently we see some businesses that have to close because they do not innovate.
hero member
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October 26, 2024, 11:36:18 PM
#29
The first line said it all about innovativeness and yes it does have an impact on the business growth but necessarily it doesn't define the outcome of the business, because inorder to boost the growth of any business it requires alot not just innovations. Another thing is you can find one that has invested in innovations on his business and still find that business struggling to grow, then another without innovations doing better so it's not necessarily based on innovations but strategic planning in achieving the business growth.
Innovation is not the only indicator of the success of a business that people run because there do need to be some other ways to attract customers. But with innovation people can develop the potential for success in the business they run, for example by looking at promotional opportunities available on online social media so that customers can be explored further in the way they do it. Strategic planning is a step and innovation is the target of this planning in increasing sales value that is increasingly widespread.

Doing business must also follow the times where currently relying on traditional patterns will make the business not so developed, coupled with the presence of a lot of competition that makes the business we run will find it difficult to achieve success. Need to think about innovation in business and that determines the direction of the business to be more advanced and developed.
legendary
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October 26, 2024, 06:12:21 PM
#28
Innovation is a business skill needed to grow your
business beyond the level that it's today. Because the business environment is a very tasking environment and only people with innovative ideas can move forward.

Innovated minded people are those that get successful in their business because they're always thinking of new and improve ways of the doing the norms that every other business person is doing.

It's because of innovation that we have Bitcoin and other new technology. Assuming people weren't looking for new ways or faster ways to do things, we won't have evolved as a race. Innovation is just one of the keys as I won't say it's the key to business growth because you can follow the blueprint that have already been established by others and still have growth/success on your business but innovation puts you a step above others.

Innovation makes your business stand out and with the right marketing of that innovation, you can make money more than others in the same line for business.
hero member
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October 26, 2024, 04:41:48 PM
#27
Innovativeness entrails the act and practice of being idealistic and doing things differently from the traditional way of doing things. It involves bringing new skills ideas and approach to an already existing way of doing things.


The first line said it all about innovativeness and yes it does have an impact on the business growth but necessarily it doesn't define the outcome of the business, because inorder to boost the growth of any business it requires alot not just innovations. Another thing is you can find one that has invested in innovations on his business and still find that business struggling to grow, then another without innovations doing better so it's not necessarily based on innovations but strategic planning in achieving the business growth.
sr. member
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October 26, 2024, 04:38:34 PM
#26
There's a saying that "if you want to get an extra ordinary result from something, you must do extra ordinary things. " I didn't realize the competition in my line of business until I started my business, it's either I improved my goods or lose my customers. I did what was necessary and so my business started growing. At some point, if one is not innovative in their business, they can go out of business.

When you have a business you have to draft out better ways to increase sales their are people that they even go to the extent of bringing or coming up with buy one and get one free, and you just have to give people reasons why they should patronize you, their are a lot of vendors out their so what makes you think that yours is special, the moment you don't strategize to feel in for that strategy then you have a lot to learn. And when you have a reason then even growing your business should be very easy.

I don't think you even have any business with those that are doing the same thing with you you have to find a way of making your product look better, because if you don't find a way of improving your product then you will not be able to self anything. Because business you need to develop your self.  You have to decided to on what step you are taken when it comes to your business.
hero member
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October 26, 2024, 01:57:04 PM
#25

The difference between between two people doing the same business lies on the fact that one person is not innovative holding on to the normal way of doing things while the other is innovative always looking for different ways of doing things in a bid to  improve on his business

There's a saying that "if you want to get an extra ordinary result from something, you must do extra ordinary things. " I didn't realize the competition in my line of business until I started my business, it's either I improved my goods or lose my customers. I did what was necessary and so my business started growing. At some point, if one is not innovative in their business, they can go out of business.
sr. member
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October 26, 2024, 01:46:54 PM
#24
I believe this your thread is a reply to this thread Can one face competitors in business and still succeed. And how? surely being creative is the best way to grow in business. Sometimes people are stick to their knowledge without upgrading in skill and building a good customer relationship. It is good as a business man a woman to also know what your customers need and when they need it. You must always be available whenever you're needed, not one day in one day out. You must be friendly to all your customers and be jovial without discrimination and customers will find you. That is he secret of business growth.
full member
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October 26, 2024, 01:15:23 PM
#23
Innovativeness entrails the act and practice of being idealistic and doing things differently from the traditional way of doing things. It involves bringing new skills ideas and approach to an already existing way of doing things.

Innovation is a business skill needed to grow your
business beyond the level that it's today. Because the business environment is a very tasking environment and only people with innovative ideas can move forward.

The difference between between two people doing the same business lies on the fact that one person is not innovative holding on to the normal way of doing things while the other is innovative always looking for different ways of doing things in a bid to  improve on his business
I would like to remind us of some simple probable fact and that is;
Lamborghini was a tractor company at the initial stage,
Samsung was a grocery store when no one was looking and Netflix was a DVD service until it became what it is today.
The truth is that business ideas may go stale but the genius of any business is the innovations that bring more customers and credibility and ensures comfort for the customers.
sr. member
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Trade Big, Win Bigger!
October 26, 2024, 11:59:11 AM
#22
  when it comes to business we need to combine all the elements together and create a balance between them . You are right, the key here is balance ,  we should not focus on just one innovation element and ignore the others .

Innovation is only necessary when our business becomes obsolete or the old way of doing business no longer works, but if everything is stable then there is no reason to innovate . Also, innovation is not always effective ,  we need customer feedback and opinions because if innovation does not make them more satisfied then we need to reconsider .

There are many things in business from which one learns a lot and can easily understand.  No one is an expert in everything and I mostly prefer business because it is a job where you invest a little time and you get a lot of profit. Because in this work you have your own money in which you can keep as much profit as you want which will give you a lot of money and fulfill everything you want. See a job never gets old or more people go into it or something new is invented that makes it obsolete.  They have been eating bread for a long time but today it has been replaced by other foods.  Although bread is not difficult to find. 
member
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October 26, 2024, 09:15:19 AM
#21

I agree with most of what you say ,  when it comes to business we need to combine all the elements together and create a balance between them . You are right, the key here is balance ,  we should not focus on just one innovation element and ignore the others .

Innovation is only necessary when our business becomes obsolete or the old way of doing business no longer works, but if everything is stable then there is no reason to innovate . Also, innovation is not always effective ,  we need customer feedback and opinions because if innovation does not make them more satisfied then we need to reconsider .
In short:  when it comes to business, we need to pay attention and make sure all the factors , which factors need to be adjusted, which factors need to be changed, we will intervene. We should not just focus on one factor as I said.


There are many considerations for the business factors that we are engaged in, all things need to be mature in compiling the innovation that we develop from the beginning, it is very important to support progress, in accordance with the business plan that we are aiming for, an innovation is sometimes less effective in implementing it, of course, we must consider innovations whose ideas come from outside thinking.
hero member
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October 26, 2024, 06:20:29 AM
#20
As far as my experience innovation is not the sole factor. Most of the times, businesses may thrive based on traditional ways when those ways align with the core values of the customers or industries they serve. Not every industry needs disruption, sectors like finance or healthcare often prize stability over innovation given the associated risks. The key is balance, innovate where value is added, but do not change for the sake of change.

The recent trend also shows that digitally enabled enterprises through the use of AI, IoT, and 5G technologies are performing well because these technologies are embedded in the different processes of a firm to enhance efficiency and productivity. Be that as it may, not all innovations succeed. As a matter of fact, generative AI has made some firms experience errors and cybersecurity threats in their operations. All these indicate that innovation should be adequately managed in order not to produce negative consequences.

I agree with most of what you say ,  when it comes to business we need to combine all the elements together and create a balance between them . You are right, the key here is balance ,  we should not focus on just one innovation element and ignore the others .

Innovation is only necessary when our business becomes obsolete or the old way of doing business no longer works, but if everything is stable then there is no reason to innovate . Also, innovation is not always effective ,  we need customer feedback and opinions because if innovation does not make them more satisfied then we need to reconsider .
In short:  when it comes to business, we need to pay attention and make sure all the factors , which factors need to be adjusted, which factors need to be changed, we will intervene. We should not just focus on one factor as I said.
hero member
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October 25, 2024, 11:31:41 PM
#19
It is true that the Inovation implemented today are very much needed with broad thinking, and the ideas that emerge must follow current trends, it is very helpful to remember that progress continues to roll, and we continue to learn a lot and create Inovation about all of that, to change the direction of life for the better.
Anyone will lose the competition when they do not have innovation in business because now there is a lot of competition that will emerge. Traditional businesses that rely on sales with non-innovative methods will continue to lag behind while others have tried to develop potential that is much more targeted. Just look at how supermarkets develop sales potential and now people think it is easier to shop there than in regular stores. The buyer's mindset is formed to shop at their place, even though not all the goods they sell are cheap because when compared sometimes they are a little more expensive in their place.

Innovation and the promotion stage must be carried out effectively and may need to make some changes like they do. If not, we will be further left behind from following the trend and the business we manage will be very difficult to develop with a much lower level of success.
legendary
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October 25, 2024, 03:24:02 AM
#18
It's funny how innovation could actually be a boon or bane for a business. I can remember two local restaurants that seemed to have lost a certain unique ambiance because of changes-- not necessarily innovation, although innovation is change.

One is a truly old and dilapidated restaurant. It's hard not to notice the worn-out and uneven wooden steps going to its spacious second floor. It's a testament of how old and well-loved the place is. For some reasons, the place underwent a major facelift. Since then, it has lost its unique historical character, and perhaps a lot of customers. It ceased being an icon. I myself haven't gone back there since I saw the changes.

Perhaps, as far as actual business is concerned, some things are better left as they are. The same is true when it comes to food business. Innovations, twists, experiments, personal touches, and the like oftentimes result into unfamiliar even palatable cuisine.
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October 25, 2024, 02:58:19 AM
#17

Innovation does need to be developed especially when someone runs a business because the previous traditional style is no longer suitable for today's business development. The business level also needs to be improved through new methods where currently people can shop just by using a smartphone while sitting at home. Consumer convenience needs to be considered so that they can get easy access to shopping even though they don't need to come to the store.



It is true that the Inovation implemented today are very much needed with broad thinking, and the ideas that emerge must follow current trends, it is very helpful to remember that progress continues to roll, and we continue to learn a lot and create Inovation about all of that, to change the direction of life for the better.
jr. member
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October 25, 2024, 02:22:46 AM
#16
Innovativeness entrails the act and practice of being idealistic and doing things differently from the traditional way of doing things. It involves bringing new skills ideas and approach to an already existing way of doing things.

Innovation is a business skill needed to grow your
business beyond the level that it's today. Because the business environment is a very tasking environment and only people with innovative ideas can move forward.

The difference between between two people doing the same business lies on the fact that one person is not innovative holding on to the normal way of doing things while the other is innovative always looking for different ways of doing things in a bid to  improve on his business
that's a nice essay about innovation, but in business and to assure buisness growth one does not rely on his /her innovative skills alone to grow that buisness , you can still be innovative and lack certain qualities like consistentcy, hard work , determination e t.c so it isn't just to be innovative.
legendary
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Leading Crypto Sports Betting & Casino Platform
October 25, 2024, 02:17:30 AM
#15
In today’s situation, where so many people are diving into business, we need to stay innovative to keep competitive—that's the key to real growth. Being business-minded means looking beyond just the present; it’s about seeing the future, too. We need to think bigger and stay proactive in tackling whatever comes our way. Strategic thinking and having solutions ready for any challenge are essential. That’s why business owners invest more in innovation and training because these are the driving forces that lead to success. It is quite expensive, but of course, the return is quite good as well. 
hero member
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Leading Crypto Sports Betting & Casino Platform
October 25, 2024, 01:00:43 AM
#14
Innovation is a business skill needed to grow your
business beyond the level that it's today. Because the business environment is a very tasking environment and only people with innovative ideas can move forward.
Innovation does need to be developed especially when someone runs a business because the previous traditional style is no longer suitable for today's business development. The business level also needs to be improved through new methods where currently people can shop just by using a smartphone while sitting at home. Consumer convenience needs to be considered so that they can get easy access to shopping even though they don't need to come to the store.

The difference between between two people doing the same business lies on the fact that one person is not innovative holding on to the normal way of doing things while the other is innovative always looking for different ways of doing things in a bid to  improve on his business
Technical developments can be implemented in business and we can use the media as an effort to promote more effectively. The use of online-based platforms can be used to sell every product we have so that the customer reach can be much wider. The idea of business development can indeed be applied on a wider basis and we can run certain businesses without even needing stores that stock goods in large quantities.
legendary
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October 24, 2024, 11:07:33 PM
#13
Innovativeness entrails the act and practice of being idealistic and doing things differently from the traditional way of doing things. It involves bringing new skills ideas and approach to an already existing way of doing things.

Innovation is a business skill needed to grow your
business beyond the level that it's today. Because the business environment is a very tasking environment and only people with innovative ideas can move forward.

The difference between between two people doing the same business lies on the fact that one person is not innovative holding on to the normal way of doing things while the other is innovative always looking for different ways of doing things in a bid to  improve on his business

Or what we call game changer, maybe this entrepreneur is a visionary as well as they can see what the future will be and so they innovate this day so that they will be able to cope with what the future will bring to us. Take for example another visionary which is Steve Jobs, he might not invent the whole concept of mobile phone, but he put it to the next level with his creation and invention.

Elon Musk as well, with his Tesla's Cyber truck, it's truly the first and the design is futuristic, and in the beginning this new innovation might not be accepted by the society. But in the end they will fall in love with it and that is the testament for this guys vision and challenging the status quo.
full member
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October 24, 2024, 11:03:35 PM
#12
The difference between between two people doing the same business lies on the fact that one person is not innovative holding on to the normal way of doing things while the other is innovative always looking for different ways of doing things in a bid to  improve on his business
The number of smart people we have in today's society is too much and they populate the business sphere to the point that if you're not as innovative as expected, you will never measure up to what's expected in the market and others coming behind you will outsmart you greatly and grow to pass you.
This is exactly why even though education is very important it is not the end of the world if you didn’t do well in school or didn’t even get the opportunity to reach high level education. As long as you can take an item and make it better, you can succeed in life. It is getting harder and harder these days because there are so many products out there that you need to literally twist your brain to see if there’s still any ways you can bring something unique to the table.
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The cost of running certain businesses is the reason why in certain locations, people shy away from carrying out some businesses even when it's lucrative, if you can figure out an innovative way of setting out the same business in the same location and still eliminating cost that others are shying away from, you can do so well in any niche you situate.
Really good explanation.

Do something others won’t. Simple as that. Of course you need to check why they aren’t doing it then go find a way to eliminate those cons that other people may have seen by doing such things. Don’t be scared of straying away from the norm.
hero member
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October 24, 2024, 06:55:44 PM
#11
Innovativeness entrails the act and practice of being idealistic and doing things differently from the traditional way of doing things. It involves bringing new skills ideas and approach to an already existing way of doing things.

Innovation is a business skill needed to grow your
business beyond the level that it's today. Because the business environment is a very tasking environment and only people with innovative ideas can move forward.

The difference between between two people doing the same business lies on the fact that one person is not innovative holding on to the normal way of doing things while the other is innovative always looking for different ways of doing things in a bid to  improve on his business
You must understand about businesses is that most people don't know how to attends to their customers, if is a competitive business then marketing should be focused more than any other thing, even in the forum here there are several casino/gambling site that has been in existence but what matters most is their marketing strategies that they implore to keep them running. What makes most of them became popular is how they reacts and listen to their customers in terms of problems.
sr. member
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October 24, 2024, 04:12:06 PM
#10
Tell this to barbers or pizza places - you don't necessarily need innovation to keep a business ticking over. You should be competitive though in terms of pricing and there has to be a large enough local population to sustain the level of business you are looking to achieve. Just look how you can have multiple pizza places or coffee shops in the same town. Sure they do try to distinguish themselves, running different offers and trying to be different, but they'll often overlap in many areas. Innovation is great, no doubt about that, as it keeps us moving forward - bringing us things like the internet or smart phones, but there are other businesses that survive just by following proven business models.

I agree with this. Even though bringing changes and innovations in certain businesses can boost the sales and growth of a business, it isn't necessarily important for every business to grow and sometimes business can grow with simple rules such as providing the best quality you can, maintaining that quality over time, and trying to offer rates as low as possible for your products or services so that your customers don't run away from you and look for other businesses providing the same products and services at more affordable rates.

The most important thing in a business to help it grow is for the management to understand what they need to do. Understanding what your business needs is also a skill, and you should provide that to boost your growth rate. This way, you will know that based on your business type and model, whether you need innovations or not, and whether improvisations can help the business grow or it will only be a costly and ineffective effort which isn't healthy for the business.
legendary
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October 24, 2024, 03:51:42 PM
#9
Innovativeness entrails the act and practice of being idealistic and doing things differently from the traditional way of doing things. It involves bringing new skills ideas and approach to an already existing way of doing things.

Innovation is a business skill needed to grow your
business beyond the level that it's today. Because the business environment is a very tasking environment and only people with innovative ideas can move forward.

The difference between between two people doing the same business lies on the fact that one person is not innovative holding on to the normal way of doing things while the other is innovative always looking for different ways of doing things in a bid to  improve on his business

Tell this to barbers or pizza places - you don't necessarily need innovation to keep a business ticking over. You should be competitive though in terms of pricing and there has to be a large enough local population to sustain the level of business you are looking to achieve. Just look how you can have multiple pizza places or coffee shops in the same town. Sure they do try to distinguish themselves, running different offers and trying to be different, but they'll often overlap in many areas. Innovation is great, no doubt about that, as it keeps us moving forward - bringing us things like the internet or smart phones, but there are other businesses that survive just by following proven business models.
hero member
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October 24, 2024, 02:42:46 PM
#8
Innovativeness entrails the act and practice of being idealistic and doing things differently from the traditional way of doing things. It involves bringing new skills ideas and approach to an already existing way of doing things.

Innovation is a business skill needed to grow your
business beyond the level that it's today. Because the business environment is a very tasking environment and only people with innovative ideas can move forward.

The difference between between two people doing the same business lies on the fact that one person is not innovative holding on to the normal way of doing things while the other is innovative always looking for different ways of doing things in a bid to  improve on his business
It is undeniable that if you want to be successful in business, being creative and innovative is a must without exception, including in small and large businesses. Without being creative and innovative in business, it will make it difficult for our business to grow.

Moreover, in doing business in the era of globalization where technological developments are very rapid like today, it is very important to follow its developments, both in terms of technology and any aspect so that by thinking creatively and innovatively, all of that is very easy to follow.

For that, being innovative in business is a way of thinking where business people can find new things and these new things can also be used to get new answers to a problem faced. So it is very important in business to prioritize innovation because this is the most important foundation in building a business to be successful. Innovation is also one way in a business environment that is so dynamic that it requires business people to always be adaptive and look for the latest breakthroughs. Therefore, all businesses that are able to advance and develop until now, all start with creative and innovative efforts.
full member
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October 24, 2024, 11:11:05 AM
#7
The difference between between two people doing the same business lies on the fact that one person is not innovative holding on to the normal way of doing things while the other is innovative always looking for different ways of doing things in a bid to  improve on his business
Innovation could also mean adopting current technologies to perform tasks faster, cheaper and better. Before now motor mechanics in my location have to use manual techniques to trace faults in a car. But this has changed because there are technological tools that can identify faults without losing any part of the car. Any mechanic shop that fails to adopt the current technology will lose customers and the business might collapse. People will always go to innovative places because it saves them time, money and stress.

Taking businesses online is another innovative move. After COVID-19, physical presence is no longer enough because organizations can get more customers and transact businesses online.
So innovation does not have to be complex. It does not have to be about big machines. I know when people hear innovation, they start thinking of machine AI, but actually, making proper use of the internet to sell out, is also innovation. The aim of this innovation is that you get more ideas, more profit, so whatever means you take, little or big counts as innovation.

Indeed, including technology in your current business model, is a good way of practicing innovation. Adopting AI systems, adopting whatever system that automates your process so you can accomplish your task faster. If you do tasks with six hours, you can now do it with four hours, then the remaining two hours you can use it to think of new ideas to grow and enhance your business. That's also an innovation.
You can use your free hours to think on business ideas that are many people are not currently making use of in your industry and take advantage of it to grow your business more.

 And yes, taking your business online, making use of digital skills, tools and resources like content creation, digital marketing, search engine optimization to get more eyes on your business, on what you are doing is an innovative way of growing your business.
hero member
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Give all before death
October 24, 2024, 10:12:24 AM
#6
The difference between between two people doing the same business lies on the fact that one person is not innovative holding on to the normal way of doing things while the other is innovative always looking for different ways of doing things in a bid to  improve on his business
Innovation could also mean adopting current technologies to perform tasks faster, cheaper and better. Before now motor mechanics in my location have to use manual techniques to trace faults in a car. But this has changed because there are technological tools that can identify faults without losing any part of the car. Any mechanic shop that fails to adopt the current technology will lose customers and the business might collapse. People will always go to innovative places because it saves them time, money and stress.

Taking businesses online is another innovative move. After COVID-19, physical presence is no longer enough because organizations can get more customers and transact businesses online.
sr. member
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Fully Regulated Crypto Casino
October 24, 2024, 09:37:02 AM
#5
As far as my experience innovation is not the sole factor. Most of the times, businesses may thrive based on traditional ways when those ways align with the core values of the customers or industries they serve. Not every industry needs disruption, sectors like finance or healthcare often prize stability over innovation given the associated risks. The key is balance, innovate where value is added, but do not change for the sake of change.

The recent trend also shows that digitally enabled enterprises through the use of AI, IoT, and 5G technologies are performing well because these technologies are embedded in the different processes of a firm to enhance efficiency and productivity. Be that as it may, not all innovations succeed. As a matter of fact, generative AI has made some firms experience errors and cybersecurity threats in their operations. All these indicate that innovation should be adequately managed in order not to produce negative consequences.
sr. member
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October 24, 2024, 08:21:43 AM
#4
The difference between between two people doing the same business lies on the fact that one person is not innovative holding on to the normal way of doing things while the other is innovative always looking for different ways of doing things in a bid to  improve on his business
The number of smart people we have in today's society is too much and they populate the business sphere to the point that if you're not as innovative as expected, you will never measure up to what's expected in the market and others coming behind you will outsmart you greatly and grow to pass you.

Even in the digital world and relating to most digital skills, they all demand that uniqueness of ideas which is what will guarantee that you stand out from others that are in a similar line of business with you. It's part of the reason why a company like Apple continues to upgrade their iPhones into newer models because they understand that you can't remain stagnant and stick to just a conventional way of doing things. You've got to think outside the box spot loopholes in existing businesses and brands around you and figure out how you can come in uniquely while standing out positively.

The cost of running certain businesses is the reason why in certain locations, people shy away from carrying out some businesses even when it's lucrative, if you can figure out an innovative way of setting out the same business in the same location and still eliminating cost that others are shying away from, you can do so well in any niche you situate.
sr. member
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October 24, 2024, 07:55:56 AM
#3
Innovativeness entrails the act and practice of being idealistic and doing things differently from the traditional way of doing things. It involves bringing new skills ideas and approach to an already existing way of doing things.

Innovation is a business skill needed to grow your
business beyond the level that it's today. Because the business environment is a very tasking environment and only people with innovative ideas can move forward.

The difference between between two people doing the same business lies on the fact that one person is not innovative holding on to the normal way of doing things while the other is innovative always looking for different ways of doing things in a bid to  improve on his business
Innovation is the bedrock of modern society, be it in education, commence, technology etc. so whatever you are into, try and be innovative, because that will make you work smart and not hard.

Though one of the major ingredients of innovation is Education, once your highly educated and principled, whatever business you want to venture into Will be easy for you to navigate through, because you will be thinking outside the Box on new ideas on how to approach the Business, even when you find yourself among different contenders, you will still stand out.
member
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Looking for guilt best look first into a mirror
October 24, 2024, 07:51:43 AM
#2
Just imagine non connected person comes up with an AI² and dies with it.
Or someone having an interstellar capable ramjet concept and his hillbilly country bank won't have it. 
full member
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October 24, 2024, 05:40:57 AM
#1
Innovativeness entrails the act and practice of being idealistic and doing things differently from the traditional way of doing things. It involves bringing new skills ideas and approach to an already existing way of doing things.

Innovation is a business skill needed to grow your
business beyond the level that it's today. Because the business environment is a very tasking environment and only people with innovative ideas can move forward.

The difference between between two people doing the same business lies on the fact that one person is not innovative holding on to the normal way of doing things while the other is innovative always looking for different ways of doing things in a bid to  improve on his business
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