Être bon dans l'innovation (document en anglais)

INNOVATION

Being successfully innovative in nowadays framework is very complex. There is a significant amount of success factors. However, there is no entrepreneur able to control all of those factors. If we had to categorize them, we could make it using 3 aspects:

The Entrepreneurial Mindset

The entrepreneurial mindset is a way of thinking that includes a capacity to take risks, an acceptation of the mistake, and the most important, the capacity to be cultivated and open-minded (In France, 90% of innovation are existing projects, transposed in a new context).

The Innovation Steering

The innovation steering starts with the capacity to hear clearly the demand and to create a unique high value product for it. Then, one of the issues in the process of innovation is to make good decisions about something new with a few backgrounds. That is why the quality of decision-making is important: the process must include go/kill steps. Last but not least, a good innovation has, of course, to be driven by a reliable and well skilled team around the project.

The Context

Even though entrepreneurs cannot have a perfect control on it, a good innovation must efficiently match a window of opportunity and a legal framework corresponding to its development.

Conclusion : This is not a rocket science and nothing can ensure you success, but by adopting such a behavior, everyone can give himself a chance to succeed! Good Luck !

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