Question

The 2 things that I would do to further develop the innovation capability are : Maintain...

The 2 things that I would do to further develop the innovation capability are :

Maintain the quality of the research and development.

steady growth in the innovation process as per the latest technology and needs of the consumers.

These 2 things will help to maintain the quality of the services we offer and at the same time will make us stay ahead of the competition and produce unique products to satisfy the customer requirements.This helps to increase the goodwill of the company or the institution.Innovation helps to upgrade the core competencies of the system. This enhances the productivity of the system.Setting goals( Short-term and Long-term ) and objectives to achieve milestones. We can check the areas which we lack expertise in doing certain things, with the help of innovation we can overcome those barriers. Assessing our performance of the system and performance of the employees and checking their motivation levels.

How will these two items grow your personal innovative ability?

Explain.

Business   Operations-Management   
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Answer #1

Personal innovative ability is drive by knowledge and quality of research you do in areas. Therefore, the quality of research is very important in developing one’s inner innovative mind and also improves skills. It will increase the interest of an individual towards a particular concept and by using latest technology this concept or idea will take the shape. Growth in latest technology will support the individual new ideas and the chances of success is increased. It will motivate a person to be consistent on his work towards innovation. Understanding of customer’s needs and wants is very important for a good manager and this will help him/her in getting new ideas and perception on new and hidden demands of customers which will help in initiating the innovation process.        

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