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Do smart employer recognize that innovation ideas are worth the risks?
Wiki User
∙ 9y ago
Smart employers should recognize that innovation ideas are going to be worth the risks. Many employers do not want to take these risks because if it does not go as planned, they can lose money.
Wiki User
∙ 9y ago
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What is Open Innovation all about?
Open innovation involves sharing risks and rewards. Companies should be diverse in their ideas. They should get inside and outside sources, hence the word open.
What is Perpetual organization?
the perpetual organization is the organization that innovates."1 Perpetual organizations are those organizations that not only survive, but also thrive. They are those organizations that view innovation as using creativity to add value, and that recognize innovation goes hand-in-hand with ideas, change, success, and risk. Yes, risk. Risk is not a term most organizations are comfortable with, and yet there are no great rewards without great risks. When designing innovative information services, the trick is to integrate the ideas, manage the changes, minimize the risks, and maximize the impacts. Actually, it's not a trick at all. It's a processa development process. the perpetual organization is the organization that innovates."1 Perpetual organizations are those organizations that not only survive, but also thrive. They are those organizations that view innovation as using creativity to add value, and that recognize innovation goes hand-in-hand with ideas, change, success, and risk. Yes, risk. Risk is not a term most organizations are comfortable with, and yet there are no great rewards without great risks. When designing innovative information services, the trick is to integrate the ideas, manage the changes, minimize the risks, and maximize the impacts. Actually, it's not a trick at all. It's a processa development process. the perpetual organization is the organization that innovates."1 Perpetual organizations are those organizations that not only survive, but also thrive. They are those organizations that view innovation as using creativity to add value, and that recognize innovation goes hand-in-hand with ideas, change, success, and risk. Yes, risk. Risk is not a term most organizations are comfortable with, and yet there are no great rewards without great risks. When designing innovative information services, the trick is to integrate the ideas, manage the changes, minimize the risks, and maximize the impacts. Actually, it's not a trick at all. It's a processa development process. the perpetual organization is the organization that innovates."1 Perpetual organizations are those organizations that not only survive, but also thrive. They are those organizations that view innovation as using creativity to add value, and that recognize innovation goes hand-in-hand with ideas, change, success, and risk. Yes, risk. Risk is not a term most organizations are comfortable with, and yet there are no great rewards without great risks. When designing innovative information services, the trick is to integrate the ideas, manage the changes, minimize the risks, and maximize the impacts. Actually, it's not a trick at all. It's a processa development process.
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