Generate Ideas
By: Lizzy Wulff
Generating Ideas:
The process of creating, developing, and communicating ideas which are concrete or visible.
Why is it important?
- Improves current products.
- Allows companies to stay successful.
Idea
A business begins generating ideas with someone's idea to improve or create a new good or service that will meet consumers needs and wants.
Sell Product
A business must then sell the product to see how the consumers react to it. They measure the products success by its dollar vote.
Continue Making Improvements
Once a business is established to sell a good or service, it must continue to develop ideas in order for the product to survive.
How Does it Affect Companies?
- Companies can develop ideas by practicing techniques that force their mind to think of new connections, break old though patterns, and consider new perspectives.
- Most companies have research and development departments which focus on generating new ideas.
- Being able to generate ideas is essential in the workplace today.
- Companies also need to be able to review a products success and improve on it in order to make more money.
How to Find Business Ideas - The Ultimate Guide