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The process for Innovation and Improvment - Coggle Diagram
The process for Innovation and Improvment
Creating value to customers and businesses -
process of creating value
Market research
focusing an offering
Marketing Mix
product
price
promotion
place
services
Internal decision-making
Operations managment
Operations strategy
performance ojcectives
strategic cooperation
process of product/service design
design thinking
quality function deploymnt
design of processes
Funding Innovation
Retained earnings/ working capital
Bank overdrafts/ facility finance
debt factoring
new forms of raising finance
equity
Factors affecting innovation
External Business environment
Political
Economic
Social
Technological
Environmental
Globalisation
Migrant workers
Offshoring
Outsourcing
International trade