Mauro Libi: Four tips to know what is and what is not innovation

     In no small number of occasions we have underlined the importance, how vital it is for organizations to be innovative to guarantee your permanence in time, but apparently there is still confusion about what it means to be innovative. Usually innovation is confused with creativity, investment, product development and ideas, among others. Before this, we proceed to clarify what is and what is not innovation.

1. Believe that innovations are ideas that arise magically. Innovation is definitely not an idea that comes up as a spark. No, good ideas are not a casual fact, a sudden inspiration (one isolated case is possible) but the product of study, analysis, research, hard work and experience.

2. More than ideas. Innovation surpasses the concept of idea which is only the beginning of the innovative fact, but not the innovation as a whole. Ideas require much work after their emergence and therefore, must be accompanied by strategy, vision, precise knowledge of the client's needs, habits, beliefs, etc. Ideas require validation to know if they are feasible and applicable.

3. Innovation is not an invention. Inventions only acquire value when someone is interested in them and wants to buy them. When an invention is exploited and begins to add value, then, we talk about innovation.

4. Invest is not innovate. It is said of large investments in this or that area as a synonym for innovation and yes, investment is very important and vital for the innovative fact, but it doesn’t constitute it.

     So, what is innovation? Simply, is the implementation of something new, something that adds value to what already exists, something that breaks paradigms, is what adds sustainability to the work area. It is the change that produces novelty, which revolutionizes some procedure or imposes a new way of doing things.

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Mauro Libi: Tips to make better your undertaking

   
  Entrepreneurship is a type of organization that is the key to the development of every country, and so the broad support that they always receive in almost every society in the world. In this chapter, we refer to some tips that can help you improve your undertaking.

1. Culture: The attention of social entrepreneurs should point to all senses, to understanding the problems and their solution, as well as the culture and the people who are going to provide service through entrepreneurship.

2. The correctly capital: You have to be clear about the type of capital which your undertaking is going to start. The entrepreneur have to establish with certainty his investment requirements to know precisely how much money it needs, what type of investment he is looking for, how the funds will be used and what the return is.

3. Establish the impact of your project:  Investors want to know what the impact that projects have is, before they put their capital into them. To do this, it is necessary to understand the problem in order to make a clear statement to investors in which they demonstrate how irresistible their project is.

4. A business model: It is essential to have a business model that shows a value proposition that is credible and with possibilities to expand its impact in other places.

5. Specify the return on investment: Investors want to know if the business model is possible, able to make the products and / or services that promised to the public in a efficiently and effectively way. Plus, they want to know how the return on their investment will be.

Visita:
http://maurolibiempresario.blogspot.com/
http://maurolibithinkingforbusinesses.blogspot.com/
http://maurolibivenezuela2015.blogspot.com/
http://maurolibicaracas.blogspot.com/
http://maurolibivenezuela.blogspot.com/
http://maurolibicrestaniempresariodeexito.blogspot.com/
http://maurolibicrestani15.blogspot.com/


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http://www.mauro-libi.com/