Category: ‘Innovation’

Business Consulting Firms Impact Creativity and Performance

November 23, 2011 Posted by Kantatasamsara

Business coaches are catalysts. They inspire personal and professional growth in individuals to help businesses achieve their goals. The impact of business consulting firms on organizations cannot be overrated. They change the way executives approach their own responsibilities and how to better motivate the people they manage.

But how do you, as a business consulting firm, actively make a meaningful impact? What creative strategies can you use to promote business development, talent management, and change management?

It all starts by identifying how personal benefits are linked with business benefits. A dynamic balance between the two provides the context for a creative, strategic, and innovative business relationship. Let’s look at a few of the ways a business consulting firm impacts success:

• Commitment: As a business coach, it’s difficult to create commitment out of thin air. Executives have to be open and willing to change in the first place. But you can encourage commitment by inspiring executives to work towards goals that have a meaningful impact on their skills as well as the business’ results. Your work should empower executives to find and use their own creativity and initiative to work and perform in a way that positively impacts the business.

• Creativity: It is your job as a business consulting firm to ask a lot of questions, listen to personal and professional challenges, and provide valuable feedback to stimulate executives’ thinking. This is a very creative process that involves pushing them to discover new ideas that are both useful and practical to the success of the business. The real growth happens when executives implement the changes and stand behind their convictions. (more…)

The Concept of Innovation in Economic Analysis

November 17, 2011 Posted by Kantatasamsara

Although in the first half of this century the Austrian economist Schumpeter rationalized the concept of innovation in economic analysis has been more recently when the concept of innovation has taken citizenship in everything that refers to economic development, as a result of this reality, it has become an essential element of any process of generating wealth.
In the turbulent times we live involves many variables sociological, economic and cultural, always changing, forcing companies to adapt quickly to new scenarios, different and unexpected. At the same time, the degree of competitiveness and globalization, which currently defines the market drives the production units to research, progress and evolve strategically placed in competitive positions of the head. In this regard, and if we understand innovation as a process of improvement and constant change of technology, techniques and organizational means and knowledge, in order to overcome the competitive standards, understand the radical significance of this concept has for business management.
Any innovation process has a well-defined steps that comment later, but nevertheless, I previously noted two important issues that, in my opinion, are fundamental for enterprises, especially when they are SMEs, they can successfully undertake any innovative process. Basically, these are companies willing to innovate are able to fulfill some preconditions for cultural and structural.
From a standpoint of business culture, it is important to internalize that no company is innovative, permanent arrangement, however, if the whole organization of the company is not technically and mentally prepared for that purpose. (more…)

Innovation In Business Strategy

November 5, 2011 Posted by Kantatasamsara

The first thing I usually look for a company to determine if the project is a strategic innovation is basically how this company creates value for the customer as for himself. The companies with which they have been in contact with, I think the model is to create value is a model of strategic planning (analysis, quantitative), we have a product or service, and gradually optimized for quality control, improvement of processes, reduce costs, optimize resources, and so on. This means that a culture of innovation within the company, how the culture of product and process improvement.

These companies are generally not “see” the market to create value, but inside, it is usually bet a certain product, you get a place in the market with a number of large customers, but instead of finding creative ways provide a value based on market outcomes, the focus is on optimizing what already exists, the focus of today and to increase profit margins today. This is not one, but to implement a strategy to make the most of what was once created.

It should be clarified to reduce errors or defects in a product or make it more efficient not to create customer value, only better to get the most economic benefit to the marketing process.

Similarly, we can say that these companies, there are established processes to identify and evaluate various business opportunities. Really need a philosophy of continuous search for opportunities and identify training needs in various markets in which we operate, if you really want to get a good base to apply innovative thinking. (more…)