Coming up with innovative new ideas is often the biggest hurdle in innovation.
One of the reasons that many businesses do not innovate actively is because the first step – coming up with new ideas – can be daunting.
Every business knows that customer input can be valuable. Customer input can be a very fast and low-cost way to generate ideas for new products. How effective is your company at extracting this valuable information?
Read More [+]Your employees might be a goldmine. If you’re taking your first steps in setting up an innovation program in your company, consider using this technique for generating new ideas.
Read More [+]Analyze your competition. Most businesses think they do this, but most (especially small businesses) do don’t do this well.
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