The article titled “What is innovation? 15 experts share their innovation definition” exposes the idea that the definition of the word “innovation” is quite arbitrary. After reading through all 15 definitions, I was drawn most towards the Definition of Kevin McFarthing. According to McFarthing, innovation is “introduction of new products and services that add value to the organization”. I like this definition mostly because it aligns with the way that I have always understood the word innovation. Innovation is basically just adding in new ways to add value.
Sep 02