Innovation is a powerful word, and it can lead many business people to create companies like Google, Amazon, Apple, Microsoft, etc. All of these companies are a result of robust innovation.
Innovation is something, which in its basic form, represents something new. But even with a simple definition like that, adding innovation to business can be difficult. So now you must wonder, what is the big secret to making the next best thing?
Let us consult the professionals in the industry – serial entrepreneur Eric Swan, also known for being one of the best wedding planners and designers of our time. Many of you might even know him as the founder of the Eric Swan Company, Swan Productions, Mavericks, Eric Swan Weddings, and the owner of The Chef Hero.
In 2010, Swan focused on establishing The Eric Swan Company, serving as the Chief Visionary Officer in this project management firm specializing in commercial construction and business development. He has also worked as a Chief Visionary Officer at the ICHINA and is currently established at the clothing and lifestyle brand Los Banos-based Mavricks, Inc. Moreover, he takes on the role of being an author, speaker, and creator at Swan Productions and is the lead planner of the San Jose-based Eric Swan Weddings – a prestigious wedding planning company.
Since the beginning, Swan has supported and helped people navigate their way when they are struggling in life and find themselves being pressured into creating the best business. He becomes the guide, mentor, and friend they need to navigate these challenging times and effectively figure out their business goals.
Innovation is something that Swan has always focused on and has emphasized its importance in the business world. Hence, here are some ways to add innovation to your company and take the first step toward business progress.
Empowering Your Teams to Make Productive Decisions
Effective decisions come to a halt when there are too many options, and you cannot choose one single solution – thus derailing many teams and projects.
Layering on several approvals to make a decision can kill innovation, and when teams do not feel they cannot be trusted with the right choices, they can quickly lose confidence in their skills. It would be better to empower your team through different decision-making skills where it can help them come up with ideas for the business. Plus, when they feel confident enough to have their ideas acknowledged, they gain more confidence and develop innovative ways to go about business operations.
Listening to Customers
Sometimes the best ideas can come from customers, giving you the edge to discover new innovative plans for your business.
Customers are excellent sources of ideas and can even lead you to decide on what your next priority should be. Take your time to consult with each customer’s feedback, listen to their calls, and review customer suggestions, and maybe you just might find what you are lacking in your business and figure out how you can improve things for the better.