Activities to Encourage Innovation - MIT ID Innovation - PowerPoint PPT Presentation

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Activities to Encourage Innovation - MIT ID Innovation

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Title: Activities to Encourage Innovation - MIT ID Innovation


1
Activities to Encourage Innovation At Work
Place MITID Innovation
2
Innovation is more of a daily action required for
a business to propagate and be successful. In
this era of urbanization, it is a daily challenge
to grow and innovate. Any business cannot thrive
until it has unique concepts and ideology to
attract potential customers. 
3
Real-time creativity should be part of the
business environment with constant motivation to
do better and something that would interest the
clients or customers. If you are also planning to
encourage innovation at the workplace, we have
got you covered. The following activities will
aid in promoting innovation at the workplace -
4
Market Adjacencies
Adjacencies can be understood as the potential
segment of the market for the business to
consider. It represents the new and latest
products and ideas that are related to the
company. The major prospect of business model
innovation is to focus on the market Adjacencies.
This will enable the company to move into these
areas and diversify its product range and improve
its market hold. 
5
Transparency and Open Communication
The best way to encourage innovation is to let
your employees think freely and clearly. Inform
your staff about the companys goal, expectations
and targets clearly, so they know how they should
approach. Let them communicate openly as this
will allow them to speak fearlessly and will also
instil confidence in them. 
6
Recognition and Appreciation
Most of the employees in an organization are
driven by motivation and appreciation to work
more. Appreciation is one of the best ways to
award the employees, making them feel special and
valued in an organization. 69 of the employees
are willing to do more innovative work only if
they received a proper appreciation for that as
per a report.
7
Employee Engagement
Employee engagement plays a major role in
business development and innovation. Engaged
employees are likely to be more productive and
efficient in their workspace. They have a more
professional attitude and tend to be more
interested in honing their creative skills and
taking chances.
8
Innovation Software
The concept of innovation is not limited to human
thought processes and creative ideas. Instead,
the right number of tools and techniques can
quickly realize innovative ideas and concepts.
This saves a lot of time and effort, thus
improving efficiency at work.  
9
Therefore, it is important to invest a good
amount of capital in the latest tools and
technologies that would allow your organization
to stay updated and competitive throughout. Many
businesses and organizations have managed to
carry out several activities to encourage
innovation among the employees and firms
ideology.
10
All these activities comprise a crucial part
of business model innovation projects. You can
choose from an incredible range of software and
techniques to incorporate innovation and science
into your workplace. Once a company and its
employees start to think and act innovatively,
they can successfully create new products, bring
out unique and effective designs, meet customer
demands and maintain their stronghold in the
market.
11
However, thinking out of the box is itself a
challenge. That's why elite educational
institutions are now changing their approach to
boost and inculcate these skills in young minds.
If you are looking for one such institution, then
MIT ID is a name to consider that are striving
for an enlightening career of aspirants. 
12
Conclusion
MIT ID Innovation Programme curates knowledge and
experiences that challenge the very paradigm of
evolution. And that's why we have set out to
define the future of industries, communities,
cities and ecosystems. MIT ID Innovation offers
the best Innovation Courses in Pune and Design
Thinking.
13
Wed love to hear
from you.
  • MIT INSTITUTE OF DESIGNRajbaug,, Loni-Kalbhor,
    Pune-412201
  • 91-7038982225 / 91 9834092369
  • innovation_at_mitid.edu.in
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