The Eight Pillars of Innovation
The digital age has brought about significant changes, making it essential for companies to adopt innovation strategies to stay relevant. However, innovation can seem like a minefield. In this article, the author outlines eight pillars of innovation to help businesses establish a clear vision, generate ideas, collaborate, develop a business case, execute, measure, fail, reward and recognise ideas. Emphasising the importance of innovation, this article provides actionable insights for businesses to remain competitive in a rapidly changing world.