Learn From The German Approach To Innovation

Learn From The German Approach To Innovation

Germany's Mittlestand companies or Hidden Champions are among the top three in the world in their industry, generate revenue below €5 billion, and are little known among the general public. This approach favors practical applications, science, and innovation aimed at adapting inventions to a specific industry. In contrast to the US, Germany's focus on innovation is aimed at improving productivity and empowering workers through consistent focus on long-term improvement. Internal company practices in Germany foster innovation and enable industries to democratize the idea and innovation process.

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More Innovation Resources:

The fuzzy front end of the innovation process: Introduction

The fuzzy front end of innovation involves a series of stages that should be implemented for the success of an innovative project.

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7 Business Benefits of Intrapreneurship

Intrapreneurship is when employees innovate within their existing company, acting like entrepreneurs. This approach has many benefits, including increased employee morale and productivity, better retention, and boosting revenue and growth.

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Agile Team Names: What’s in a name?

Agile Team Names: What’s in a name?

Choosing a unique Agile team name can help to solidify team identity and reinforce Agile values. Here's how to go about selecting the right name for your team.

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