• bsi-innovation
  • bsi-learning
  • bsi-people
  • bsi-wealth

What is Innovation

I was researching innovation….. and this is a standard definition

“The design, invention, development, and/or implementation of new or altered products, services, process, systems, organisational structures, or business models for the purpose of creating new value for customers and financial returns for the firm” – US Dept of Commerce.

What does it mean…. my interpretation

“The creation of new shit to add value to customers for financial returns”

Easy

why do people make things so difficult!!

Posted on May 19, 2013

Leave a Reply

Your email address will not be published. Required fields are marked *

referron-logo
BBG-logo
spark-logo

Contact us today to find out how we can make your business grow!
Ph: 02 9126 9100  Email: info@bsi.com.au
Level 9, Angel Place,123 Pitt Street
Sydney NSW 2000

© Copyright 2024 BSI