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What is Business Innovation?

In order to thrive, it is paramount for businesses to continually improve and keep innovating. When an organization brings new processes, products, services or improves its existing methods, it is called as business innovation.

Business benefits of Business innovation

  1. Increases productivity
  2. Reduces costs
  3. Improves staff motivation
  4. Beats competition
  5. Improves brand recognition and value.