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You’re considering a Business Innovation career path. What’s the most important thing to keep in mind?

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Business innovation is the process of creating new or improved products, services, processes, or business models that deliver value to customers, stakeholders, and society. It is a vital skill for any organization that wants to stay ahead of the competition, adapt to changing markets, and solve complex problems. If you are interested in pursuing a career path in business innovation, you might be wondering what it takes to succeed in this field. In this article, we will discuss the most important thing to keep in mind as you explore the opportunities and challenges of business innovation.

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Mohammad Reza Paydar

Blockchain & Cryptocurrency Researcher | Fintech, Web3, & AI Enthusiast | Innovation Development & Venturing Expert

1 Define your purpose

One of the first things you need to do as a business innovator is to define your purpose. What is the problem you want to solve, the need you want to meet, or the opportunity you want to seize? How does your idea align with your personal values, passions, and goals? How does it contribute to the greater good of society and the environment? Having a clear and compelling purpose will help you stay motivated, focused, and resilient throughout your innovation journey. It will also help you communicate your vision and attract support from others.

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Alan Espinoza - Fundraising e Innovación

CEO Inca Valley | Founder GOstartups | Transformación Digital MIT | Mag. Marketing y Gestión Comercial | Web 3.0 enthusiast
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Cómo consultor de proyectos de innovación he podido ver la diferencia de resultados cuando el líder emprendedor tiene un objetivo o propósito claro de por qué resolver determinado problema. Cuando existe un propósito claro se usan las herramientas específicas para el tipo de innovación que se quiere hacer y se siguen casos de uso del mismo o similar rubro. Sí se tiene claro el porqué será más sencillo descubrir el cómo.

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Eduardo Elizalde Bedos

Estrategia & innovation manager en Nova Corbyn, s.a. | De la necesidad al producto, residuo 0
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Si quieres cubrir una necesidad de forma innovadora, define y documenta la innovación, define como se realizará o producirá, y haz un test de mercado, previa firma de contratos de confidencialidad. Con el test puedes abandonar, redimensionar, redise?ar tu proyecto, y si es necesario realizar otro test de mercado. Cuanto más asegures tu proyecto en esta fase, mejor optimizaras tu dinero, o la inversión necesaria.

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2 Learn from others

Another essential thing to keep in mind as a business innovator is to learn from others. You cannot innovate in isolation. You need to seek feedback, advice, and inspiration from a variety of sources, such as customers, colleagues, mentors, experts, competitors, and industry trends. You also need to collaborate with people who have different skills, perspectives, and backgrounds than you. By learning from others, you can gain new insights, test your assumptions, validate your ideas, and improve your solutions.

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Ibrahim Diab

"PhD in Business Management | Business Development Strategist | Certified Six Sigma, PMI, PHR, and TOT Expert | Speaker at ModumUP | Global Gate Expert"
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Embrace the wealth of knowledge and experience available from others in the field. Networking, mentorship, and studying successful innovation strategies can provide valuable insights and perspectives to enhance your own approach.

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Yasmin Conolly , MSc.

Global Innovation & Foresight Leader | Trend Forecasting | Emerging Tech | Business Transformation | Author & Speaker
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A inquietude é uma das principais habilidades para quem quer trabalhar com inova??o. A sociedade é por default avessa a mudan?as, e conseguir se manter inquieto sempre pensando no que virá na sequência é imperativo para identificar sinais fracos que o mercado está dando de mudan?as e ter um olhar treinado para analisar e compreender cenários futuros para as empresas. N?o se fechar em apenas o que está acontecendo no setor, pensar fora da caixa, é necessário; pois seu cliente está consumindo diversos outros produtos e servi?os, ele n?o compara sua experiência em um app por exemplo, apenas com o setor que você atua (ex: servi?os financeiros); ele compara com todos os apps que ele usa, como delivery, educa??o, redes sociais.

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Eduardo Elizalde Bedos

Estrategia & innovation manager en Nova Corbyn, s.a. | De la necesidad al producto, residuo 0
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Aprender de los demás es un acelerador de tu propio aprendizaje. debes escuchar/leer de manera constructiva y crítica, asimilando lo que te aporte en tu esquema de aprendizaje.

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3 Experiment and iterate

A third crucial thing to keep in mind as a business innovator is to experiment and iterate. You cannot expect to get your innovation right the first time. You need to embrace uncertainty, risk, and failure as part of the process. You need to test your ideas with real users, measure the results, and learn from the outcomes. You also need to be flexible and willing to change your direction based on the feedback and data you receive. By experimenting and iterating, you can refine your innovation and increase its chances of success.

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Ibrahim Diab

"PhD in Business Management | Business Development Strategist | Certified Six Sigma, PMI, PHR, and TOT Expert | Speaker at ModumUP | Global Gate Expert"
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Innovation thrives on experimentation and continuous improvement. Don't be afraid to try new ideas, even if they seem unconventional at first. Learn from both successes and failures, and be willing to adapt and refine your strategies as you progress.

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4 Be creative and curious

A fourth important thing to keep in mind as a business innovator is to be creative and curious. You need to challenge the status quo, question the assumptions, and explore the possibilities. You need to use your imagination, intuition, and logic to generate original and diverse ideas. You also need to be curious and eager to learn new things, skills, and tools that can help you innovate. By being creative and curious, you can discover new opportunities, overcome obstacles, and create value.

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Mohammad Reza Paydar

Blockchain & Cryptocurrency Researcher | Fintech, Web3, & AI Enthusiast | Innovation Development & Venturing Expert
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Continuous learning ?? and having a robust and flexible learning plan ?? are crucial for business innovators. Monitoring the environment and seeking the newest trends and knowledge ?? is essential for staying ahead in the ever-evolving business world. Embracing a curious mindset and being open to new ideas and skills can lead to valuable discoveries, creativity, and innovation. Adapting to change and seeking knowledge ensures growth and success in the dynamic business landscape.

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Alan Espinoza - Fundraising e Innovación

CEO Inca Valley | Founder GOstartups | Transformación Digital MIT | Mag. Marketing y Gestión Comercial | Web 3.0 enthusiast
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La creatividad precede a la innovación. Por ende, ser creativo es clave para plantear innovaciones que tendrán un espacio en el mercado. La curiosidad es imprescindible en todo profesional que sigue su pasión. En los procesos de innovación la curiosidad cumple un rol mucho más clave pues nos lleva a caminos antes no conocidos. Todo empieza con el primer "por qué".

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5 Have fun and enjoy

A fifth and final thing to keep in mind as a business innovator is to have fun and enjoy. Innovation can be hard work, but it can also be rewarding, exciting, and fulfilling. You need to celebrate your achievements, appreciate your team, and acknowledge your growth. You also need to enjoy the journey, not just the destination. By having fun and enjoying, you can maintain your enthusiasm, energy, and passion for innovation.

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6 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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Alan Espinoza - Fundraising e Innovación

CEO Inca Valley | Founder GOstartups | Transformación Digital MIT | Mag. Marketing y Gestión Comercial | Web 3.0 enthusiast
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También es importante saber qué rol cumplir en un proyecto de innovación. Hay roles temporales y otros de largo plazo. Otra forma de diferenciar los roles es qué parte del proceso vamos a intervenir y cuál de nuestros superpoderes utilizaremos. Hay innovadores enfocados en el mercado, otros en las finanzas, o en el producto o dise?o. Todo dependerá de la magnitud del proyecto y el rubro de la empresa donde se implementará la innovación.

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Eduardo Elizalde Bedos

Estrategia & innovation manager en Nova Corbyn, s.a. | De la necesidad al producto, residuo 0
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Si eres CURIOSO, para hacer una carrera de innovación y aplicarla con éxito a los proyectos de innovación, lee sobre innovación, ves a cursos, seminarios, foros, ..... dedica tiempo a PENSAR y esto te ayudará a ser CREATIVO e INNOVADOR.

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Magdalena Gallardo Holder

Consultora/ Gestión de Innovación / Coaching ontológico / Calidad de vida / Mentora / Ecosistema Innovación
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It is important to have a growth mindset: This concept is a way of seeing the things that happen to you, and is surrounded by statements such as: “Failure is an opportunity to grow", "I can learn to do anything I want", “Challenges help me to grow", “My effort and attitude determine my abilities", "Feedback is constructive", "I am inspired by the success of others", " like to try new things”

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You’re considering a Business Innovation career path. What’s the most important thing to keep in mind?

1

2

3

4

5

6

1 Define your purpose

2 Learn from others

3 Experiment and iterate

4 Be creative and curious

5 Have fun and enjoy

6 Here’s what else to consider

Business Innovation

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You’re considering a Business Innovation career path. What’s the most important thing to keep in mind?

1

2

3

4

5

6

1 Define your purpose

2 Learn from others

3 Experiment and iterate

4 Be creative and curious

5 Have fun and enjoy

6 Here’s what else to consider

Business Innovation

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