How can your business continue to innovate during an economic crisis?
24 November 2022
In recent months businesses have been subjected to rising costs and various economic challenges. A key concern may be the cost of R&D or costs associated with trialling a new product or service, causing businesses to put any plans for change on hold due to financial uncertainty.
Although ground-breaking and market-disrupting, innovation usually requires considerable financial investment. Innovation can also result from small incremental changes. Businesses can utilise or adapt existing skills, resources, and expertise to improve what they do or how they do it to create value for customers and increase their competitiveness.
On our Innovation page, Salma Chaudhry our Innovation Eco System Network Manager shares a few ideas to help inspire innovation.
You can read this blog at the link below.