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Business innovation is an organization's process for introducing new ideas, workflows, methodologies, services or products.
Like IT innovation, which calls for using technology in new ways to create a more efficient organization, business innovation should enable the achievement of goals across the entire organization, with sights set on accomplishing core business aims and initiatives. Innovation often begins with idea generation, wherein ideas are narrowed down during brainstorming sessions after which leaders consider the business viability, feasibility and desirability of each idea.
To ease the process of traditional running process .It may be minimize the human efforts, It may be better waste managment, It may be any IT solution depend upon business type
"Innovation is a process of social influence, usually as a source for a minority or individual who strives to introduce or create new ideas, new ways of thinking or behavior, or to change ideas Traditional attitudes, old ways of thinking or behavior ". S. Moscovici
Business innovation is the introduction of a new concept and its representation in terms of product, service, method, technique ...
Innovation is a psychological and socio-cultural phenomenon.
It represents the new object, proposal or recommendation that implicitly or explicitly implies potential changes.
Business innovation can be applied at the operational and strategic levels in a business.