Innovation

What is innovation?

Innovation refers to the process of implementing new ideas, creating dynamic products, or improving existing services with the aim of enhancing the company's competitive edge and operational efficiency. It includes creating a creative environment for employees to openly share their creative ideas within the workplace. By integrating innovation into their core strategies, organizations can adapt to changing market demands, streamline processes, and ultimately drive growth and sustainability.

What are the types of innovation?

1. Product Innovation 

2. Process Innovation 

3. Business modal innovation 

4. Service innovation 

5. Technological Innovation 

6. Social and Cultural Innovation 

7. Open Innovation 

8. Regulatory Innovation

How do you become innovative as a company?

Within the rapidly evolving market we face today, innovation within your business is a necessity for businesses to stay one step ahead. The key to implementing an innovative workplace is creating an environment in which your employees are encouraged to think outside of the box, offering them the chance to explore new ideas without the fear of failing, many of the best ideas have come through trial and error. The support and coaching of others to be innovative will allow an organisation to change its culture and maximise the thoughts of its workforce.

Understanding the neuroscience of innovation will help improve the methods by which many businesses currently harvest ideas and thoughts, for example when asked, most people say their best ideas come to them when they are walking the dog, at the gym, or just before they go to sleep.

There are certain conditions that must be adopted to create an innovative workforce, including a reduction of rules, an established sense of direction and the elimination of processes that no longer work. 

How can we help?

At Maguire Training, not only do we offer classroom-based courses and programmes, but we are also proud to offer a versatile and intuitive suite of over 190 eLearning modules on our website, which covers a range of sales and customer service topics. Including our Innovation Training Course, where delegates experienced and new will learn the professionalism of sales. 

Contact us

If you have any questions, don't hesitate to get in contact with us:

Phone:  0333 5777 144

Email:  info@maguiretraining.co.uk

Or, simply fill in the ‘Contact Us’ form on any page of our website.