History shows that innovation is essential for any business to stay afloat. Think of the fate of the typewriter importer when the computer was invented. Business owners have to be dynamic to remain ahead of the competition curve.
Technology has a critical role in fueling innovation. Consider the booming e-commerce businesses like Konga and Jumia. It is through innovation, riding on the growing internet technology that these online merchant sites have grown from the earlier sites such as BestBuy that did not even have a distinctive payment system to what we. It is innovation that has driven the current e-commerce merchant to develop elaborate payment and delivery systems coupled to attractive websites and impressive customer support.
A business owner must, therefore, seek out how best he or she can use technology to create better opportunities, create new streams of income and consequently remain relevant as times change and technology advances.
Traders, for instance, are faced with ever going stiff competition since almost every neighborhood has a store. It is, thus, a struggle for such a trader to remain in business without being innovative. The same is true for career people who must ask themselves whether in five or more years they will be overtaken by technology and possibly be replaced by apps.
CFA’s guest this week on ICT Radio Show on Nigeria Info 99.3 FM, Tomisin Ajiboye says that there is an inflexible need to be innovative because in future, technology will change how things are done including how people are educated. He also advised that the best avenue towards innovation is to first gain knowledge. One should learn about the latest happenings and trends in technologies and plug into them.
According to Tomisin is the co-founder of Creative Entrepreneur Organization and the host of a Startup Innovation Certification Training(Certification endorsed by Creative African Network, South Africa). He is also an Idea Management Consultant at Idea Factory Consulting.
He maintains that one must tap into his or her creativity and align it with current technology and then work out how to incorporate this creativity to technology, which eventually leads to innovation.
As usual, make a date with CFA every Tuesday 1:30 pm for more exciting and inspiring topics about technology. Check us out on our learning platform or on Stitche or on iTunes for all past episodes.
Listen to the ICT Show on Nigeria Info 99.3 FM every Tuesday by 1.30pm. If you, however, miss the show, you can listen to it later on our learning platform, http://learn.techsmart.ng/ or on Stitche or iTunes.
