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Creating Capacity to Enhance Innovation


Innovation is the basis of the continuous advantage. Only those who continuously innovate can stay long on the market.However innovativeness is possible if a company applying the digital business transformation.


Digital Business Transformation Hike Innovation Company environment is changing according to the business environment. Those who do not adapt change cannot expect business success. In this regard, a company continually needs to innovate and thus improves its business performance.


Creating Capacity for Innovation The ultimate goal to satisfy and attract the new one. For that reason each company can create a culture of innovation that constantly change.This is especially important for startups company that needs a quick breakthrough on the market.


Set a Digital Congruence In a digital society technological advancement is continually change. Therefore, company need to achieve the digital congruence or the balance between their vision, strategy, culture, and structure.


Create Innovation Culture Company should have a adequate culture to encourage creativity and innovation.Too large hierarchy and strict rules are limiting innovation .Company should encourage their employee to be creative , to share ideas, to be involved in finding better solution or inventing something new.


Collaborate With Others The digital business transformation has also established new crossindustry ecosystems that enable cooperation and integration, and thus provide synergy effects of innovation.Also, the mobile ecosystem allows the formation of specialized ecosystems that capture a higher value.


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Creating Capacity to Enhance Innovation  

Innovation is the basis of the sustainable competitive advantage. Only those who continuously innovate can stay long on the market. However,...

Creating Capacity to Enhance Innovation  

Innovation is the basis of the sustainable competitive advantage. Only those who continuously innovate can stay long on the market. However,...

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