Innovation requires the involvement and commitment of both top management and Employees. And leadership must help the company to maintain its focus and momentum, which will naturally tend to deteriorate over time.
Innovation with all its merits also carries some barriers along with it which tries to deteriorate growth. Many of the barriers come from individuals who don’t believe in the merits of innovation, or those who believe that they won’t either get funding or else their own life career might be jeopardized if innovation fails. It is important for an organization’s management to address these problems before venturing into a new project. As it is proposed by Mitch, an innovation consultant,” Real innovators challenge excuses. Real innovators challenge the status quo. They do not concede to current reality. They find a way over, around or through whatever obstacle is in their way – whether that obstacle is the lack of funding or the assumption that there is a lack of funding."
Innovation completely rocks and rolls our lifestyle. It creates huge turns in way of life. Our lifestyles are the result of other people’s efforts to improve the human condition. They mixed ideas and inventions together to create the present world around us. .
Our innovation is going to multi-tasked vending machines, vending music, multimedia content such as mp3 files. e-Books, audiobooks, maps, and videos. The booths would be in places such as airports, train stations, and gyms. The booth is called the "mBooth".
Here’s how it looks to the user – they walk up to our device and swipe a credit card. If they’ve used it before, they are recognized and their account information comes up. If not, an account is initialized. Either way, they next go to a browser that lets them select the criteria- music, books, audiobooks, maps. Upon choosing your option, it displays a search list for available books or music or map by title, author, genre, etc.