How to Innovate New Ideas – Innovation

strategic innovation

You can innovate yourself out of business.

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Peter Drucker said business is innovation. The ability to find new ways to do something.

Technology isn’t the only way to innovate. It could be as simple as finding a new way to do something.

Many businesses focus so much on innovation that they are actually losing money on innovation because they are essentially innovating products or services customers don’t care about.

Learn the latest tools and strategies from Jim Woods on leadership mastery. Click here to learn more

Your organization’s leadership may be happy. The engineering department may adore the bells and whistles. However you are losing money if the customer isn’t salivating.

What you have to focus on is making your innovation strategic. Hence think in terms of strategic innovation. Netflix and Blockbuster is one.

How often do you focus on this? Some people innovate because they care.

You focus on it constantly. Strategic Innovations that can meet your customer’s needs and make you profitable.

If you’d like more on how our strategic innovation solutions can enable your firm to develop mastery contact us.

Jim Woods email signatureJim is president of InnoThink Group a competitive strategy and leadership management consulting firm. He has an absolute passion for people development and are constantly refining and adapting his programs in order to ensure that they have the maximum impact on those we serve. – See more at: http://innothinkgroup.com/our-leadership.html

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About

Jim Woods is president of The Jim Woods Group. A management consulting firm. Go here to see his work www.jimwoodsgroup.com. He advises and speaks to organizations large and small on how to increase top line growth in times of uncertainty and complexity. Some of his speaking and consulting clients include: U.S. Army, MITRE Corporation, Pitney Bowes, Whirlpool, and 3M. See more at his website www.jimwoodsgroup.com.

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