ROI of Innovation
Manage episode 412412899 series 3555944
In today's highly competitive business environment, innovation has become a significant driver of success. Companies that can effectively innovate and bring new products, services, or processes to the market often gain a significant competitive advantage.
However, innovation is about more than just coming up with new ideas. It also involves evaluating the return on these innovative ideas. Because innovation requires substantial investments, businesses need to evaluate the ROI of innovation to determine how to prioritize projects and optimize their innovation strategies.
Today, Sharran and Pritesh discuss the ROI of innovation, what drives innovation, and how they prioritize innovation ideas in Real Brokerage.
“No matter what you're building, no matter what you're creating, the faster you fail, the more and more you could ship, the more you learn, and that's gonna get you the product of the vision of your dreams.”
- Sharran Srivatsaa
In This Episode:
-Building homegrown technology vs. plumbing things together
-What is single sign-on, and how does it work?
-Why do we resort to plumbing things together?
-What drives innovation?
-Two questions asked by people who want to join Real Brokerage
-How do you prioritize which innovation ideas to build?
-What is a premortem idea?
-How can you learn to say NO?
-Do you agree with this phrase: To do great things, we must do fewer things?
-The relationship between the ROI of innovation and shipping more often
Resources:
-Top Agent Power Pack - http//topagentpowerpack.com
Connect with Pritesh Damani:
-Instagram: https://www.instagram.com/forgetpritesh/
-LinkedIn: https://www.linkedin.com/in/priteshdamani/
Connect with Sharran Srivatsaa:
-Instagram: https://www.instagram.com/sharransrivatsaa/
-LinkedIn: https://www.linkedin.com/in/sharran/
Connect with Real Brokerage:
-YouTube: https://www.youtube.com/@TheRealBrokerage
-Website: https://www.onereal.com/pages/join-real
24 episodi