Productive economy

Collaborative and transformative innovation for SMEs

It is often difficult for SMEs to start innovating, and to make a leap in the professionalization of management in order to gain dimension and grow, and thus be more profitable and competitive with a clear and sustainable future. How to deal with it from collaborative and transformative innovation?
Internal collaboration. Open innovation and cooperation. Strategic fit and roadmap. Errors, obstacles and learning.

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Direction and project management

Organizational aspect: Transversal organization by projects.
It is a fact that organizations are generating more projects. Regardless of the need, automation and the so-called “digital transformation” mean that the amount of routine work is constantly decreasing and project work is increasing. Consequently, it is necessary to increase the preparation and capacity for the direction and management of projects.

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Summary of the Global Innovation Index (GII)2022:

What is the future of innovation-driven growth?” Two driving waves of innovation are identified, although it is also emphasized that their effects will take time to materialize.
15 European countries are in the top 25. For Spain, the performance gap with the EU is getting bigger…

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Orchestrating the future (1)

My thesis here is that, starting from a certain company size, harmonizing and integrating innovation, as well as medium- and long-term strategic issues, with daily operations in the short term is a problem that requires special attention.
Therefore, “orchestrate the company” will have the meaning of harmonizing and integrating both fronts: the short, medium and long term, to “sound” like a perfect “symphonic orchestra”, without dissonances and with “creativity” and “excellent” results. ”.

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Create a company. Innovation and agility from the beginning

Starting a new company is an exciting process in which, from the beginning, should not miss innovation and agility.
A new company is actually transform a good idea into reality so that it generates benefits in the economic or social field and lasts over time. And it better be an innovative idea put into practice with agility.

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Innovate: Ideas or strategy?

It is a fairly generalized fact to believe that innovation starts with “ideas”. According to this hypothesis, ideas are first raised and then become innovations.
But experience shows that the most successful companies with the most innovative continuity tend to be those that start from a strategic perspective.

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Agile Innovation

Innovate is to bring good ideas into reality, continuously and successfully. It means converting knowledge and ideas into new products or services, new or improved processes to obtain competitive advantages.
Any innovation can mean a radical leap, something that the market has never seen, or it can be incremental, taking an existing concept and improving, turning it into something new.
In both cases, innovation is the result of the process of managing a continuous flow of projects and programs that channels the necessary resources to bring them into a successful end.

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12 topics for entrepreneurs

Creating a new business is an exciting and passionate process that, from the beginning, should not miss two factors: innovation and agility.
A new company is to implement a good idea in the economic and / or social field, to generate profits and endure over time. 12 topics for active learning.

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Innovation strategy. Either we try to explore the future or will have to adapt to what is to come.

When we talk about an innovation strategy, we can refer to different ways to get to build:
Trying to find out the future and explore the different scenarios that are most likely to occur.
Be aware of the increasingly accelerated changes in our entire environment, and prepare to adapt as quickly as possible.

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Build the innovation portfolio.

Whether your company is small or large, your success in innovation will depend on having a suitable portfolio or pipeline of innovation projects and programs. And also, to manage it in an agile and efficient way.
A set of ideas, projects, and programs that the organization is managing as it would with a set of investments, in order to obtain explicit results and objectives focused on an innovation strategy.

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Innovation and extended supply chain: Cosmetics and perfumery (& 2)

Cosmetics and perfumery are mature and stable markets in terms of consumption, but with different developments depending on the segments and marketing channels. They show moderate growths on average, but continually generate changes and opportunities in new segments and in the analysed supply chain, with different ways of reaching the final consumer.

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8 views on innovation and agile innovation

This article features eight views or faces on innovation and agile innovation.
Innovation is a very used word and in many areas. Everyone seems to agree that it must be encouraged and that all companies and organizations should focus their strategy on innovation, especially SMEs and new companies.

But the concept that is being explained in these different areas does not always coincide. I think I should first clarify the concept that I am going to apply here to the word innovation, which, in any case, will be focused on action, that is, on the capabilities of the organization to act.

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We want to innovate, but we don’t get results.

“we want to innovate, but it is difficult for us. We don’t get results.”
Why?  What’s going on?
Our resources are limited, we are a medium / small company, but with no doubt, each one is competent in their field.

Our goal is to launch new products on a regular basis, to replace some low margin and very competitive prices ones. But the results are not good.
We try to formally advance with several projects, but all are delayed, and the launching times are not fulfilled.

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Can we enhance productive economy?

Statistics are showing that the most productive economies are the ones with greater:
Innovation
and
Internationalization.

Both require knowledge, effort and some time to mature.
It’s the opposite of economies that compensate low productivity with low wages & salaries and speculation.
Economic system and productive economy
What are the objectives of the economic system?

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