{"id":3771,"date":"2015-09-29T09:00:10","date_gmt":"2015-09-29T07:00:10","guid":{"rendered":"http:\/\/hatrabbits.com\/?p=3771"},"modified":"2023-11-10T16:37:40","modified_gmt":"2023-11-10T15:37:40","slug":"6-reasons-why-innovation-is-vital-for-your-business","status":"publish","type":"post","link":"https:\/\/hatrabbits.com\/en\/6-reasons-why-innovation-is-vital-for-your-business\/","title":{"rendered":"Why Rock The Boat? – six good reasons to innovate"},"content":{"rendered":"

“We are an excellent company.\u00a0We’re doing great\u00a0and we don\u2019t have the need to innovate.\u00a0Why should we transform our business when there is no real reason to change?”<\/strong><\/p>\n

A valid question. Why would you develop and implement\u00a0new ideas when you are already busy enough executing the old ones?\u00a0Besides, why would\u00a0you take the risk of trying something new, when the current way of doing things works just fine?<\/p>\n

With the hustle and bustle of\u00a0day-to-day work,\u00a0it’s no wonder so many organisations\u00a0are struggling with innovation. Every manager likes to be called an innovator, yet there are\u00a0only a\u00a0<\/b>handful of men and women\u00a0that are actually taking\u00a0the risks that are necessary. Most\u00a0managers\u00a0stick\u00a0to the usual or develop\u00a0weak ‘me-too propositions’.<\/p>\n

You can find many arguments not to innovate; “We are too busy. This isn’t the right moment. We are in the middle of a reform. We don’t need it, we have enough customers. We\u00a0have to finish\u00a0some deadlines first. We don’t have the time right now to\u00a0handle innovation on top of\u00a0our current schedule.” etc.\u00a0etc.<\/p>\n

No matter how many arguments you can find, the fact stays the same.\u00a0Whether YOU\u00a0change or not, everything else\u00a0will change eventually. The question is,\u00a0are you prepared to take a leap of faith in\u00a0change? Or are you a dinosaur\u00a0obediently waiting for extinction?<\/p>\n

In last week’s article<\/a>, Ren\u00e9 wrote about why you do not\u00a0necessarily need to be a disruptive\u00a0organisation to be an innovative one.\u00a0Innovation is in anyone’s scope. And it\u00a0is not just about cool gadgets or working with the latest technology. Above all, it’s about showing your legitimacy and securing your organisation’s future.<\/p>\n

To convince you once and for all, I’ll give you 6 reasons why innovation is vital for every organisation, including yours.<\/p>\n

You Always Need\u00a0To Keep Distinguishing Yourself<\/strong><\/h4>\n

Having an excellent\u00a0company\u00a0is not enough. You have to be extraordinary to stay attractive to your clients. You\u00a0have to think along with them\u00a0and\u00a0be a creative, flexible\u00a0team player. You don’t develop new products and services for yourself, you do it for your clients.\u00a0Innovation is not a luxury, it is necessary if you want to stay appealing.<\/p>\n

If You Don’t Innovate, Someone Else Will<\/strong><\/h4>\n

Apart from the usual suspects (your competitors), there are always other threats\u00a0lurking in the background. These days every high school kid with a computer can start a company in\u00a0their parent’s\u00a0garage and disrupt your business within no time. Thanks to the internet, knowledge has become accessible\u00a0to anyone. All you need is a creative idea and the right mindset to turn an idea into a viable business.\u00a0Make sure you are not caught by surprise. Out-innovate the innovators.<\/p>\n

To Stand Still Is To Regress<\/strong><\/h4>\n

There is no progress without change. We are operating in Darwinian times;\u00a0it’s adapt or die. Keeping things the way they are will work …until it doesn’t.\u00a0Since things are changing more rapidly than ever, it’s not a very clever strategy to stick to the usual\u00a0and stay inside your comfort zone.<\/span><\/p>\n

No matter how great your products or services\u00a0are, you are not working in a vacuum. The\u00a0traditional way of working will only get you the old results for as long as nothing changes and no one changes the rules. Don’t be conservative, be a game changer.<\/p>\n

The World Is Changing<\/strong><\/h4>\n

Sustainability, peer to peer economy, energy storage, robotica, domotica, nano technology, cloud computing, autonomous vehicles, renewable energy, automation of knowledge work, wearables, computing everywhere, genomics, virtual and augmented reality, big data,\u00a0drones, IoT, 3D\u00a0printing. A lot of great stuff is happening. And it can cause quite some waves in your market.<\/p>\n

If you want to stay on top of the game you have to make tough decisions. Have a clear innovation strategy and utilise the\u00a0trends that work to your advantage.<\/p>\n

The world is changing, and your customers are changing with it.<\/p>\n

Customers<\/strong>\u00a0Adjust, Markets Vanish<\/strong><\/h4>\n

Do you still buy CDs? Or use a fax machine?\u00a0And do you still send people mail via the postal system? I don’t think\u00a0so.<\/p>\n

Things change and people change with it.\u00a0 It’s great to stick to traditions, yet stubbornness can be quite dangerous in a business context. Great entrepreneurs and managers jump on the bandwagon\u00a0before it is too late.<\/p>\n

If\u00a0your customer is adapting to new technology so should you. It’s the least they\u00a0expect you to do.<\/p>\n

Thereby, if you develop new products and services you also help your clients\u00a0to innovate. You help them to look creative and to achieve better\u00a0results. You\u00a0clients will be very grateful if you make them look like visionaries and innovators. In the end, they will reward you for this.<\/p>\n

 <\/p>\n

Innovative Companies Attract Innovative People<\/strong><\/h4>\n

Last but not least; the employees. Innovators like to work at innovative companies. A true self-fulfilling\u00a0prophecy. Talented people like to be challenged. They do not want to have a nine to five job at a conservative, mediocre company. They want to create new stuff, revolutionise\u00a0products and services and make a real difference.\u00a0The best part; they are willing to work very hard to achieve all of this.<\/p>\n

Hire innovators and your company will learn a lot. Innovate as a company and talents will want to work for you to\u00a0help you\u00a0to realise sustainable innovation.<\/p>\n

 <\/p>\n

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Why would you take the risk of trying something new, when the current way of doing things works just fine? Well, here are six reasons…<\/p>\n","protected":false},"author":1,"featured_media":22909,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"mc4wp_mailchimp_campaign":[],"footnotes":""},"categories":[197],"tags":[556,558,683,196,557],"class_list":["post-3771","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-innovation","tag-boat","tag-change","tag-innovate","tag-innovation","tag-rock-the-boat"],"acf":[],"yoast_head":"\nWhy Rock The Boat? - six good reasons to innovate<\/title>\n<meta name=\"description\" content=\"Why would you take the risk of trying something new, when the current way of doing things works just fine? 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