Innovation

Simply working hard is not enough anymore in this knowledge based economy, made more worrisome by the current gloomy state of economy. Innovation mindsets could well be the essential surviving must-haves. How to be creative or inventive?

Try leveraging on the creative A.L.I. tool when you review your service or product. For example:

Advantages:
What are the advantages of your current product – conduct a survey or get your front line sales people to find out.

Limitations:
What are the limitations of your current product – get honest feedback or compile a list of the irate customers’ complaints.

Interesting If:
What if your product is re-branded or re-packaged, would our customers’ product interest be re-kindled?

Government grant that support innovations
TECS (Technology Enterprise Commercialization Scheme)
TIF (Technology Innovation Program)