Chances are that someone inside your organization has a great idea for how to grow your company. Chances are that leadership is ignoring that idea.

close up of an slr camera and rolls of film
Photo by Ricardo Ortiz on Pexels.com

Kodak long ignored an engineer’s idea for a “filmless camera” (aka a digital camera) because it was in the business of selling film. The largest growth opportunities are often the market-changing ideas that represent not only growth but a threat to your business as well.

Figure out what those threats are before someone else does. Ask your people: what could put us out of business? In the answer to that question may be your biggest source of innovation.

Implication in Healthcare Service Industry

What growth opportunities are Bangladeshi healthcare service industries ignoring?


Reference

Harvard Business Review. (2011). Management Tips. Harvard Business Press.