Creative and Innovative Thinking - MIT ID Innovation

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What is Creative and Innovative Thinking and Why
Is It Important? MITID Innovation
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The survival of any business calls for meeting
the new and ever-changing demands of clients and
customers. Thus there is a constant need for
being inventive and different. As a business
owner,  one needs to be constantly aware of the
rising changes that exist in the business
environment. Thus arises the need for having
creative and innovative thinking.
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Meaning of Creative and Innovative Thinking
Modernized thoughts and ideas require one to
adapt to new tools and techniques of businesses.
In order to do the same, one needs to utilize
creative thinking and innovation. Creativity
implies thinking in a new manner and offering
something out of the box. The same is done
uniquely through innovation.
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New inventions and techniques require the use of
resourceful imagination and highly trained
personnel who can bring about a massive change in
ones business. The business could be
traditional, but by applying modernized
techniques, one can improve their existing line
of products or services, thus creative innovation
is crucial for a business to thrive today.
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Importance of Creative and Innovative Thinking
The following points help us understand the
importance of modernised thoughts and processes
in any business
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Meeting the ever-changing demands of clients and
customers due to various lifestyle
changes Through feedback and research, a business
owner can cater to the new and existing needs of
its clients and consumers, which calls for the
use of an imaginative approach. By adopting up to
date and advanced processes, one can offer better
services to its clients and expect long term
loyalty
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Increasing profitability, profit
maximisation When you have the best of services
to offer, one can expect maximum retention of
customers. Also, innovative techniques of
businesses can help one prevent unnecessary
expenditure. The money which gets saved can be
reutilized and rolled into your existing business
to ensure long term profitability. Using
innovative ways can help in reducing the expenses
incurred for raw materials, in turn maximizing
profits.
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Offering better services to compete with business
rivals New and well-polished services would
fascinate your buyer, thus giving the buyer more
choices to go for what is unique in the market.
Access to the same would ensure an increase in
the number of buyers, thereby helping you
increase your overall presence in the market.
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Improving motivation among existing employees
through innovative training sessions The process
of learning involves a change in ones thoughts
and behaviour. Training your existing employees
with new and innovative techniques can lead to
altered behaviour and increased motivation. 
Learning experiences provided by employers to an
employee would create room for better efficiency
and more productivity, thus strengthening the
human assets in ones firm.
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Reduced levels of stress amongst employees,
increased morale and highly trained/qualified
personnel By adopting innovative and creative
business techniques in ones organization, one
can ensure that their employees are able to feel
less stressed. There would be less room for
boredom, and one can have better, qualified
personnel to perform tasks with high levels of
productivity, thus increasing efficiency.
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MIT ID Innovation-A Place for Learners and Self
Driven Business Owner
We offer a one year courses in innovation
technology and business to all those who are or
wish to be in the business of innovation. MIT ID
Innovation welcomes you if you want to convert
your dream into reality and earn a spot at the
top in today's fast-paced world.
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Our trained and qualified professional faculties
make learning easy and practical through
practical examples and up to date learning
techniques. Individuals who are self driven and
passionate to be good role models and great
business leaders know where they need to
be!! Creative and Innovative thinking is a
thinking that converts / commercializes a
creative idea into practical application.
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Conclusion
MIT ID Innovation Programme curates knowledge and
experiences that challenge the very paradigm of
evolution. And that's why we have set out to
define the future of industries, communities,
cities and ecosystems. MIT ID Innovation offers
the best Design Thinking Courses.
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from you.

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• innovation_at_mitid.edu.in