I’ve met many business leaders and entrepreneurs that don’t understand how to leverage innovation in small businesses.  These individuals often believe that business innovation is for large companies that employ scientists and have a large research and development department.  However, many small businesses can enjoy significant benefits from a well-designed innovation strategy.

In some cases, small businesses can do a better job at identifying and implementing innovations than a larger company.  These smaller companies can often act quickly to take advantage of creative ideas and get those ideas into the market by incorporating them into the company’s product or service.  This quick action gives the smaller company a competitive edge when they are continue reading…