Innovation, paramount for success
Innovation is paramount for the success of any industrial business. Without innovation, the next business generation will displace even the biggest market leaders of today. And losing market leaders like PanAm, Nokia, WorldCom, Eastern Airlines, Compaq, Amdahl, DEC, Arthur Anderson, Toys R Us, BlockBuster, Standard Oil, Borders, TWA, Nixdorf, and truly countless others, is not a “natural cycle” it’s either mismanagement or lack of innovation – lack of innovation being the single biggest reason. It’s a loss of intellectual power, thousands of jobs, market know-how, and more.
The Innovations Management Academy is helping innovators, inventors, innovation managers, and entrepreneurs to stay on top of things. That includes also how to see lack of innovation coming, how to identify ever new opportunities of innovation, how to innovate in the most effective and fastest way. Most importantly, understanding the act of innovation in the first place. That means understanding how ideas get composed in our brain, how those ideas get validated and executed. Enterprises may have still good ideas but they fail in their execution.