This article discusses the five types of innovation, which include product, marketing, service, organizational, and business model innovation, and explains the importance of innovative thinking in businesses.
Corporate suggestion systems are platforms for employees to share ideas, criticisms, and complaints. They are important for companies to remain competitive and improve working conditions, productivity, and customer satisfaction.
Learn how a baseball team, the Oakland A's, used data-driven decision-making to compete with bigger payrolls and how businesses can apply a similar approach to innovation.