What is innovation?
Innovation is a term most commonly used for entrepreneurship and technology start-ups. However, innovation should be encouraged & implemented across all aspects of life.
How to make innovation sustainable?
For any innovation to become sustainable and long-lasting, it should have strong consideration for three areas.
Many innovative projects are prosperity driven in this current world, ignoring the planet and people and this will ultimately bring unsatisfactory results in the long run. A good example is the current Covid19 pandemic that showed us the importance of protecting our planet and people. Though Covid19 has forced innovators to come up with new ideas to handle this pandemic, we could have avoided it in the first place by taking care of the planet.
Technological innovation should aim at the betterment of society and focus on bringing out better social wellbeing, health, environment, and economy.
Developing a Growth Mindset will help innovators to think out of the box and look for new opportunities to bring prosperity to their business sustainability.
The world needs good leaders. Innovators with self-leadership will make this world a better place by focusing on ethics, empathy, and the environment.
The secret of sustainable innovation is in constant improvement in the three areas mentioned above!