Failing to Innovate While Surrounded by Ideas

Failing to Innovate While Surrounded by Ideas

Despite having access to thousands of ideas and innovations, our political and business climate seems stagnant and stuck. However, we have an inexhaustible source of creativity and innovation, which if applied correctly can create solutions to many challenges. Jeffrey Phillips, a senior leader at OVO Innovation, encourages innovators to introduce new concepts and ideas, new products, new services, and new governance to break this cycle of apathy and stagnation. The interconnected global community provides a network effect in which the number of nodes in the network increases, thereby increasing the value of the network. Innovators have the power to push aside outdated viewpoints and create new innovations that can change our economic settings, course, and speed.

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Business Trends

The new decade will witness a major transformation in markets due to digitalization and business innovation. Read on to know about the most significant business trends that will shape the economy until 2025.

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5 companies generating employee ideas with Workplace by Facebook

5 companies generating employee ideas with Workplace by Facebook

Big businesses can leverage their employees' ideas through enterprise social networks like Workplace by Meta, creating a culture of collaboration and innovation to improve products, services, processes and experiences.

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Giving Shape to the Fuzzy Front End of Innovation

Innovation can be intimidating, but there are resources to help navigate it. Idea management software is beneficial, but it is important to establish a foundation of understanding innovation first.

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