Welcome to Ian's A2 Business Studies Blog

Welcome to this additional resource for A2 Business Studies. Lots of content and links relevant to the current classroom teaching.

Thursday 19 June 2014

Operational Strategies: Innovation

Innovation



Innovation is about finding a better way of doing something.

This is accomplished through more effective products, processes, services, technologies, or ideas.

The world's top 10 innovative products, ever.
Can you guess? Details here.

Can you describe three advantages of being an innovative company?

Any possible disadvantages?


 
Innovation has implications for finance, marketing and and human resources. Can you think what they might be?

Innovation & Fast Food:



One HR implication could be the need for networking.
 
Can you see the link between these two videos?