Is it necessary to have an R&D department to innovate?
No. Any SME can innovate with good planning, external support and willingness to improve. The key is to identify internal challenges
How can a SME start to innovate?
The first thing to do is observe customer needs and listen to team contributions. Additionally, you can also automate repetitive tasks
What types of innovation exist?
Product innovation, Process innovation, Organizational innovation, Commercial innovation, and Social or sustainable innovation
Why is it important to innovate in an SME?
Innovation allows companies to adapt to market changes, improve competitiveness, reduce costs, attract talent and access new customers
What is understood by innovation in an SME?
It’s about improving internal processes, introducing new forms of organization, investing in digitalization, or being more sustainable
How to promote a culture of innovation in the company?
Any company, regardless of its size, can foster innovation.
What are the keys to addressing innovation in an organization?
To effectively address innovation, it is essential to consider four key aspects: capabilities, structures, strategy and culture.
What does managing innovation in a company involve?
Managing innovation is a continuous process that spans from the generation of ideas to their implementation.
How can one innovate in the business model?
A business model is a dynamic tool that shows how a company operates.
Why is innovation important in business management?
Embracing innovation as a platform for growth enables companies to remain competitive and adapt to new paradigms.
