The best companies all around the world try to sell their products as good as possible. But in addition most of the companies are also trying to keep up their product’s uniqueness. In order to protect each product, product managers and research consultants are trying to find more and better product features to keep their products best… The achievements can be quite impressive. We are going to present some really innovative companies to you, that are actually trying to be as smart and as unique as possible. Sometimes the inventiveness can be measured also by sales growth rates. This also shows if the new inventions are not only brand-new features but also and already accepted in the market. The
A good innovation strategy is important for almost every business today. The tough competition and the high demand for new and straight-forward products make companies focus much more on innovations than they used to do 5 or 10 years ago. But what do these strategies look like? First of all we are going to describe what the essential growth strategies are. Finally we are going to discover the essentials and the trailblazing efforts that make these growth strategies work…. Innovation strategies are really important today in modern markets. More and more patents are registered every year and more and more companies make a lot of money with patents, licences and product rights each year. First of all firms apply innovation
Inventions can have a deep impact on productivity. Innovating, improving processes and products though drive productivity the most. While not every business can develop a high number of patents, the improvement of processes is still one of the most important factors for future’s welfare. Is innovation worth it? Should firms invest in innovating processes and new inventions? What are the changes in managerial behavior patterns? A report written by the OECD’s Chied Economist Catherine Mann shows that there are four key factors that are frontiers for productivity. She argues a long the way with Chiara Criscuolo at her side that the lack of diffusing innovative processes and products throughout the economy makes productivity growth less likely. So the diffusion of
Modern societies are more or less dependent on increase in value. In most of the western societies increase in value is only developing if new dimensions in a product are found, rudimental changes are applied or new inventions are embedded. The more innovative modern business organizations are the more successful they might be in market competitions. The questions are which organizational designs make growth more probable. Which organizations create ongoing inventions and which organizations only create value by mass market push strategies. Are innovative organizations more pull-orientated?