Thursday, October 24, 2013

Innovation in One Sentence

Innovation is a story book that has intricate chapters, with serendipitous cover, which can be flipped over to the next level, but it is a book that never ends.

Innovation is Future.Without it, you lose sight of tomorrow. Innovation is - an Exceptional, Exclusive, & Realistic idea that separates you from others without a second thought

Innovation is Growth, which captures the essential element of any business and quality within every leader.When innovation outside your organization outraces innovation inside your organization, it is time to address factors influencing business velocity, business performance, profitability and customer preference. Look to and listen to your data, use it to help you drive innovation.

Innovation is to reinvent business, but not to reinvent the wheels. Innovation is about reinventing the business direction and purpose at any time. It defines strategy, profitability and relevance at any given time... If you do not, you become commoditized and just like so many others who offer the same product or service. Innovation allows one to stand out and above the rest

Innovation is oxygen. As with humans and oxygen, businesses cannot survive without innovation. You must differentiate yourself in the marketplace. It is air we breadth, it is like water we drink, it’s a nature element to keep you alive.

Innovation is a double-edged sword, keep aware of it and use both edges to your advantage: Innovation is the creative idea or a quick, alternative way of solving existing problem with affordable price to customer. Innovation is also doing the conventional task in unconventional, simpler much more efficient way.

Innovation is converting a problem into an opportunity. The wheel was an innovation that converted the problem of weight lifting and transport into so many vistas of innumerable applications.

Innovation is the heart for improvement. Do something in a new way. Innovation is 'incremental value creation' leveraging simplistic or intricate ideas into reality. It’s the unexpected synthesis of an idea, followed by a lot of commitment.

Innovation is Life; a continuous journey of transformation. It brings new energy, forces you to be at your best at all times. It is alpha; it is the beginning of all things. It is also timeless - for our minds will never stop.

Innovation is Curiosity, Creativity, Urge, Inspiration, Intuition, Need and necessity, Instinct, survival of the fittest and larger good simple brilliance, boldness, logic, rationality, out of box thinking, etc. -- all contribute to Innovation -- from a new idea, to a new method, to a new product to a new way, a new business proposition, a new and better deployment of resources -- an other way to achieve better results....

“Innovation is the specific instrument of entrepreneurship...the act that endows resources with a new capacity to create wealth.”   ― Peter F. Drucker


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