Managers and Innovation

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Managers and Innovation by Mind Map: Managers and Innovation

1. Fear of Innovation

1.1. Taking Risks Leads to Disaster

1.2. Loss of Profits

1.3. Loss of Employment

2. How Does This Help Accounting

2.1. Taking Account for Risks

2.2. Know Which Projects to Undertake

2.3. Differentiating Between Profitable and Unprofitable Projects

3. How Does This Help Our Personal Interests

3.1. Planning Future Prospects Keeps us Well-Informed

3.2. Can lead to happier lives

4. Tips on How to Overcome Fears

4.1. Plan in Advance

4.2. Know Your Feasibility

4.3. Search for a Market for Your Potential Innovation

4.4. Estimates for Sales and Profits

5. How Does This Help Society

5.1. Undertake Profitable Projects to Better Community

5.2. Encourages People to Plan Together