Innovation

Posted by Tom Locke on March 13th, 2013 filed in Business, History, Life

One definition of “innovation” is finding/developing new or better ways of doing valued things.  In business these valued things will usually result in improving the bottom line.

Innovation revolves around people and has, as a cornerstone, a high level of trust.  It is often associated with a work environment where one can speak out and is continuously encouraged in bringing forth new ideas.

These types of environments are realized due to a conscious effort in hiring to make sure a “right fit” is established for each position.

The above sets the table for the following:

                          Right Fit  =>  High Trust

                          High Trust  =>  Innovation

                          Innovation  =>  Improved Profitability

 

 

 

 

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