The Considerations for Launching an Innovation

Contrary to popular belief, innovations don’t sell themselves. Successful adoption depends on how brands position themselves and how much they listen to their customers. Innovation matters to the long-term success of firms, and marketing plays a key role in developing and launching innovations. While I have no doubt that managers and executives think carefully about[…]

What is innovation?

What is innovation? Innovation generally refers to changing or creating more effective processes, products and ideas, and can increase the likelihood of a business succeeding. Businesses that innovate create more efficient work processes and have better productivity and performance. For businesses, this could mean implementing new ideas, creating dynamic products or improving your existing services.[…]

What is Project Management?

More specifically, what is a project? It’s a temporary endeavor undertaken to create a unique product, service or result. A project is temporary in that it has a defined beginning and end in time, and therefore defined scope and resources. And a project is unique in that it is not a routine operation, but a[…]

strategy

What Is Strategy?

The Three Levels of Strategy You’ve probably heard the term “business strategy” used in the workplace. But what is strategy, exactly? And are you aware that you need different types of strategy at different levels within your organization? In this article, we’re looking at some common definitions of strategy. We’ll focus on three strategic levels[…]