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What is Innovation?

 
 

An innovation can be big or small. Brand-new or just a bit different, it doesn’t matter. An innovation can be clearly complex or seemingly simple. Innovations are often thought of in terms of technical achievement, but can also be a design. The type, industry and style of innovation are irrelevant; an innovation’s impact determines its qualification.

The presence of a genius can help with innovation – it may speed up the end result by having a person who can see and make the future happen. However, innovation is more than the work of any one “Einstein.” Innovation involves the taking of the work of an individual (or team) of inventors and taking it to a broader audience.

The future of many businesses depends upon their ability to innovate. Competition is fierce. Knowledge spreads quickly. The ability of a company to not only keep up with its current business practices, but to exceed its own – and its competition’s – expectations are critical to survival.

 
 
 

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