5 Ways to Keep Your Company Innovative

The Stalling Point

• We’ve all been there before:– Your company is full steam ahead with innovation

for months/years at a time but then suddenly you come to a halt

– You feel you’ve used up all your resources and ideas to keep improving your offering

• This should not stall you; it should instead encourage you to find new ways to innovate

Mastering the ability to find ways to create ideas will bring new life to your ventures, so pay close attention to the following slides

Cross-Pollination

• Cross-pollinating includes keeping your eyes open for new ideas while also taking ideas from one part of your business and applying it to another sector

• Having a system for gathering and using these ideas is just as important

• Great ideas can be found where you least expect them

Don’t Think Outside the Box, Be Outside the Box

• Why not take the step to be outside the box, not just occasionally thinking outside the box

• Set yourself up to continuously look for new ideas, not just when needed

Talk to People (and listen)

• It is crucial to speak with employees, customers, clients, and industry experts– Gain valuable insights about

what is going on with your business category and business in particular

• If you refuse to take in other people’s ideas and feedback, chances are you will never succeed

Put Yourself in Your Customer’s Shoes

• Take a step back to see your product/service from a customer’s point of view

• Take the time to use it, write down observations, benefits, drawbacks, pain points, etc.

• Helps improve your understanding of both the service and the usability

Focus on Your Mission

• Leverage cloud computing to focus on your company’s mission

• Cloud computing can help save resources and money, while freeing up your time– The cloud allows you to compact your business

infrastructure– When this happens, you have more time to focus

on mission-critical tasks

How Will You Innovate?

What are three things you can do today to plan for continuous

innovation?