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Episode 22 | The Silent Killer of Business Growth: A Lack of Innovation
Manage episode 398621430 series 3512664
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In this episode, the hosts, Gerold Joubert and Christian Nyembue, discuss what innovation is and why it is important for businesses. They also explore different ways that businesses can innovate.
Innovation is often confused with Adaptation. Adapting is just changing the way you do things to keep up with the times, while Innovation is creating something new. It can be a new physical thing, a new process, a new system, a new product, or a new way to sell products.
Here are some of the key points from the podcast about Innovation:
* Innovation is about creating something new, not just changing how you do things.
* Innovation can come from a place of pain (a problem that needs to be solved) or pleasure (a desire to make things better).
* 3 things are important for Innovation: knowledge, critical thinking, and motivation.
* AI can be a helpful tool for Innovation by answering questions and generating new ideas.
* Innovation is important for businesses to survive and grow.
* Companies that innovate stay youthful and fresh.
* Some tips for Innovation include being willing to adapt, changing the way you do things, looking differently at problems, gaining knowledge, and trying new things.
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In this podcast, we talk about all things Business Growth. This podcast helps you UNLOCK your business growth and take your business to the next level. We add value and help you identify new ways and areas to grow your business. So, whether you are a Corporate CEO, Serial Entrepreneur, or small business owner, we will have something new you can learn and apply to your business, team, and yourself.
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