Innovation

Innovation
The article is about Innovation.

The innovation represents a realization of new products and new processes in the company procurement, production, sales and finance as well as in the corporate management including planning, organization and supervision. Innovations should induce that the profits will improve of the company.

General corporate goals


 * ProfitsInnovationLifeCycle.jpg


 * Maintain market share and win


 * Keep up with the technical innovations

market goals 


 * Winning new customers


 * They want to adapt to changes in demand


 * Ceiling of the new requirements


 * Awakening of a potentially existing demand
 * Restore old market conditions
 * Reaching a market projection


 * http://en.wikipedia.org/wiki/Innovation#/media/File:InnovationLifeCycle.jpg
 * Here is  a list of possible innovation areas of activity include:

• Development, production and marketing of new products or services rejuvenation of existing products • application of new organizational structures • development, application and commercialization of new production methods • development of new outlets • New management methods • New social relations in the workplace