How the focus on innovativeness can influence a firm’s success



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Test Essay for CoolClub


How the focus on innovativeness can influence a firm’s success.

There are many firms around the whole world. And number of firms are growing. So competition between them is increasing too. Each of these develops day by day. This means staying between advanced and developed firms are more difficult than yesterday. It requires coming up with new idea from leaders of companies. Nowadays we can’t imagine big firms without innovations. I think innovations are key at leading between competitive groups. So why? Innovations firstly are big comfort, convenience and easiness. These parameters always attract clients and people choose this. Imagine, we have a firm which has a lot of clients around the country. And many years we service to people exactly qualitatively. If we don’t think about making innovations at manufacturing of our firm, surrounding opponents pick up our clients easily. Because, in the world, where new technologies and innovations are creating, we can’t stay at the top without any new ideas. Yes, we can expand our manufacturing by growing number of workers and staffs, by opening new firm branch, by raising production quantity and others. But to innovate, to introduce new technologies give many chances to raise with big steps. For example, it gives us come up with a new design of buildings or head office, using new devices which with we can improve quality of our products (for example, fast food center), to raise speed of manufacturing, using smart equipment, by creating new apps and sites of our firm we can attract more peoples, giving them chance to use our services from applications by e-commerce without leaving home. The second way of which we listed above is significantly more and quickly gives results. To innovate should never stop, even occasionally. Because rise to the top is difficult, but staying there more difficult. So influence of innovativeness one of the main factors firm’s success.
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