REVISTA DIRECCIÓN DE PROYECTOS PMI PANAMÁ ENERO 2017 | Page 17

Innovate or go the way of the dinosaur, becoming extinct. In this global economy, there is an extreme and growing amount of competition in all industries. And your competition is aggressive. If you are not innovating, you will not survive. It might be a slow death, but it is definitely terminal. Innovation as we know it: is different approaches taken to improve existing processes or solving an issue or problem. This may need a change in thinking styles that work for the organization, team, environment, culture, situation, so on and so forth. Innovation also needs to be cultivated in work ethos so that gradually, the entity matures to a state where continuous improvement of processes and adaptability are assumed as a norm of all industries and verticals. Training, brainstorming techniques, collaboration tools empower and encourage risk taking to challenge status quo.

Thinking style?

Genius?

Processing information?

Environment?

Empowering the individual?

Different method of education?

Research?

Putting diverse parts together?

Brainstorming?