An organization that operates to achieve a social or environmental mission without a profit motive.
Set of accepted guidelines for manufacturing products and carrying out processes to promote efficiency, safety, and optimal related outcomes.
Emerging markets are nations with economies progressing toward becoming advanced, characterized by rapid growth and industrialization.
Information that is not generally known or readily ascertainable, is the subject of reasonable efforts to maintain its secrecy, and provides a competitive advantage to the owner.
Non-profits need innovation just as much as for-profits. Innovative methods, such as S.I.T, can help non-profits break fixedness and open up new approaches.
Empowering employees through digital suggestion boxes can significantly enhance business operations by improving both morale and output.
Employee suggestion programs can drive innovation in organizations, as demonstrated by Amazon, Starbucks, and IBM.
GE's FirstBuild exemplifies a successful business model that incorporates crowdfunded ideas and community rewards to develop and sell innovative home appliances.