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3/01/2012
Innovation pu3-
Definition..
Innovation is the creation of better or more effective products, processes, services, technologies, or ideas that are accepted by markets, governments, and society. Innovation differs from invention in that innovation refers to the use of a new idea or method, whereas invention refers more directly to the creation of the idea or method itself.
3/01/2012 Innovation pu33
Innovation not just discuss about Product but Solving problem Improving process Overcoming pain
3/1/2012
Innovation-Pu3
Type of Innovation
Product or Service Innovation The introduction of a product or service that significantly improved with respect to its characteristic
Process Innovation
Implementation of a new or significantly improved production. That can be decrease unit costs of production, increase quality , or to produce new improved products
Marketing Innovation
Implementation of new marketing method with aimed to better customer needs, opening up new markets with objective of increasing the sales Organizational Innovation Implementation of a new organizational method in business practices, workplace organization, or external relations
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Steps of InnovationHave
Achieve Results
Need Performance
Willingness engage
THINK
Need Ideas
Have Opinions
DEVELOP
Have Opportunity
SHARE
Need Common Vision
Innovation pu3-
Willingness to Share
Willingness to Learn
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Achieve Understanding
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2. Bill Gates
He says innovation can leverage
change Bill Gates, Chairman, Microsoft Corp. received the 'Most Innovative People Award for Technology Innovation Our success is based on our ability to anticipate technology trends and envision how they can be transformed into products, services, and business models that create new opportunities for Microsoft, our partner ecosystem, customers and local communities."
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Innovation in Nursing
Technological Competency as Caring in Nursing A model for practice By .Rozzano C. Locsin. Technology was synonymous with innovation as noted by the following nurses who stated that technology.
3/01/2012
Innovation pu3-