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.
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.
How we apply an innovation model in SMEs. Differences with large companies.
The activities to be carried out are essentially the same as in large companies, the differences are in resources, time and dedication. The Mittelstand.
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.
Suggested that a strategy be 35 words to ensure understanding across the organisation, there appears to be confusion.
Dr. Pete Compo, author of the upcoming book “The Emergent Approach”™ to Strategy, reviewed over 70 definitions from many sources.
A strategy is the central rule of a framework, designed to unify all actions and decisions around busting the bottleneck to achieving the foremost aspiration.
This definition retains what is useful in the 70 definitions and solves the identified problems.
Summary of the main observations and conclusions of the Global Innovation Index Report GII 2020 dedicated this year to the monographic topic of “Who will finance the Innovation” in the crisis generated by Covid19.
The analyzes presented allow us to have a global vision of the subject and extract some trends.
Let’s consider the maturity of an organization as a measure of its ability to adapt to the environment, to learn, to improve results and economic and/or social performance, all that with superior results, in the top decile with respect to the concurrent organizations in their activity.
Following is the summary of the interview for Responsablia blog.
Responsablia: How should quality and innovation be integrated into the company’s strategy? Who or what people must push it and how to do it?
FG:
I think that both issues must be implicitly or explicitly integrated in the formulation of the strategy, they must be part of it as an important premise.
The whole strategic process must be driven by the management team, communicated and shared by all.
Strategy on one page, is a very useful way to facilitate the elaboration, the communication and the comprehension of the strategy.
“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.
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?
