Innovation Strategies

Type of course:

Digital learning, Lesson

Language:

Duration:

10 minutes

Workload:

2 hours

Proficiency:

Advanced

Target:

Professionals, Students, Workers

Unlock the Power of Innovation!💡Dive into the world of innovation strategies with this Learning Nugget. Discover why innovation is more than just a buzzword – it’s a strategic roadmap to business success! From Apple’s proactive approach to Microsoft’s active collaborations, learn how top companies harness innovation to stay ahead. Ready to transform your business thinking? Dive in and let innovation be your guide! 🚀📘

Learning outcomes

Discuss the differences between innovation and invention, explaining comprehension of the terms definitions, outcomes, examples, importance, and processes.
Classify examples of innovation to their corresponding types of innovation utilizing knowledge from the nugget without during the assessment.
Differentiate the pros and cons of innovation, providing a well-reasoned analysis that reflects understanding of innovation's advantages and disadvantages in entrepreneurial contexts.