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Business ultimately progresses through 4 stages.
Innovation starts
with an idea or concept. As the result of an evaluation
process the concept becomes the basis for a new
or modified product, service, business line or
business.
Commercialization
is the process of taking the new concept to market.
In some cases the market is internal customers,
but the same principles and strategies apply.
Commercialization brings the idea to life.
Operation involves
the ongoing management activities required to
sustain the initiative.
Companies need
to look for ways to innovate with new products,
processes, markets, customers, distribution channels,
business models, pricing, technology, management
practices, alliances, acquisitions, and more.
The alternative
to continuous innovation is business termination.
Termination occurs when the business design cannot
sustain the Operation.
Xalles methodologies
and services are aimed at supporting businesses
in all stages of this lifecycle, including creating
a pattern of innovation in all aspects of concept
development and business operations.
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