Harvest great ideas from your company’s best assets

Many businesses, large and small, have a huge source of great ideas that can help them improve, innovate, and grow, and yet so many of these companies never think of using this amazing corporate asset. What is this highly valuable asset? Its own people. Says Morgan Fraud, the author of The Thinking Corporation, “Given that we are all capable of contributing new ideas, the question becomes how do you successfully generate, capture, process and implement ideas?” Becoming an organization capable of answering this question can benefit in a number of ways:

  • Growth through innovation/creativity:
    Rather than be constrained by ideas for new products, services and new markets coming from just a few people, a Thinking Corporation can tap into the employees.
  • Increased profits:
    The corporation will experience an increase in profits due to savings in operating costs as well as sales from new products, services and ventures.
  • Higher business values:
    The link between profits and business value means that the moment a corporation creates a new sustainable level of profit, the business value is adjusted accordingly.
  • Lower staff turnover:
    This, combined with the culture that must exist for innovation and creativity to flourish, means that new employees will be attracted to the organization.
Author: Power Intel Consulting
Company overview We are a resource to our clients, answering questions and meeting the needs of people.We assist in developing practical solutions by understanding the roles of business, management, technology, accounting, and finance to help you meet your needs. We can make a difference. We are a certified public accounting firm providing specialized services to individuals, businesses, governments, and non-profits for accounting, auditing, consulting, and tax since 2007. We work with governmental entities, corporations, non-profit organizations, for-profit organizations, small business and individuals.We specialize in providing high-quality, value-added auditing and consulting services. As a small firm, we are able to the engagement. We are large enough to serve and small enough to provide focus a higher average level of staff on attention.

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