The beginning of every innovation
Basic research (R&D) has played a large part in innovation in the past. Today, many new technologies are emerging that have a massive impact on existing businesses. At the beginning of every innovation is the search for possible improvements or alternatives to existing solutions.
Often, there are concrete problems to be solved that have been brought to the attention of customers, business partners or employees, for example. Today, solutions may involve completely different technologies and the expectations of customers may have changed significantly as a result. Here again, it is clear that relationships with customers and the market play a major role. For the development of innovative products, cross-competence and cross-departmental cooperation is therefore absolutely necessary. The knowledge and know-how of many people must be brought together in a project in order to improve the existing or to create something innovative.
Promoting employee motivation A good culture of innovation promotes the creativity and openness of employees just as much as a healthy culture of error. Clear, timely and appropriate personnel and project work, open communication, freedom, trust and critical faculties are needed to bring teams to a point where individuals are allowed to learn from mistakes in order to advance innovative products and ideas.