Sunday, November 13, 2011

Which is the best innovation made in business in the year 2009?I wanted to know the innovation the business has carried out to sustain in the...

I must disagree with the previous answer posted by Mstultz on several counts. First the green innovations and initiatives are not rally innovations at all. Then the efforts listed under this head concern more with technology rather than business. Finally, all these developments began much before the year 2009, and therefore do not qualify as innovations in the year 2009.


Frankly, speaking there i no mechanism to identify and evaluate business innovations so that the innovations taking place in a year can be listed and evaluated in less than just three months before the year is ought. It takes a few years for a good business innovation to prove its worth.


So I will not identify the best business innovation of the year 200. But I can say one thing that most of the innovations are taking place in business processes that make heavy use of information technology for functions such as buying and selling through the Internet. In recent years many new models of buying and selling have been developed using the Information technology, and many new models continue to be developed by thousands of company. It is most likely that some of these new models of business processes will, in due course of time, emerge as the some greatest innovations in business.

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