Innovation

Innovation deals with bringing in new methods and ideas resulting in required changes leading to successful innovation. The term innovate derives from a Latin word which means, ‘to renew’. Creativity and Innovation are different in principle. Creativity is the spark and Innovation is the fire in the fireplace which cooks and bakes. Planned innovation requires analysis, systems and hard work. Creativity is divided into four components: the creative person, the creative process, the creative product and the creative environment. Why Innovate? Innovation turns problems and inconveniences into profitable elements of a business. The mightiest of modern organizations have been built in a few short years through the power of information and the human mind. Helping to manage human imagination, to develop creative solutions, will be the secret of winners in the future. Innovation can be seen in every field and every sector. Corporations that adopt innovation as a way of life never need to compete. Theirs is the path where no one has gone before; the path which leads to untold success. ‘There are no limitations to the possibilities of the human mind. Microsoft’s only factory asset is the human imagination,’ Frank Moody.