Tag: Innovation

Stretched for time, money and resources – getting new ideas off the ground is often the last thing on an SMB’s priority list. How then should smaller companies approach innovation in the digital age?

Your company’s next great idea could come employees, customers, even strangers. With so much input, some ideas can get lost in the shuffle. Here, four ways to keep them top of mind.

Recently, the Australian government acknowledged the importance of innovation by offering a new research and development tax incentive for innovative businesses, which allows business owners to claim up to 150% of their research and development expenses on their 2012 tax returns.

At a recent branding symposium in New York City, execs at Google and top-advertising firms shared their tips for spurring creativity.

Each of these tech giants follows a different path when developing new products.

Do you ever feel like your business is stuck in a rut? If you feel you could be more proactive when it comes to moving your business forward, maybe you should consider being more innovative.

Maintaining focus on your key competencies is important and sometimes the need for diversification is required – after all, innovation is good. However, it’s far too easy for organisations to become sidetracked with unnecessary innovation, in the wrong areas.

With the rise and rise of the internet, Australia’s persistent patchwork economy and increasingly fierce competition for the cautious consumer dollar, innovation is core to business success.

Your business’s next big idea might come from an unexpected place. Here’s how to get comfortable with being a little uncomfortable.

Maybe you already proudly “fail fast and fail often.” There’s one type of failure you’re probably still avoiding – but shouldn’t.