Articles about business distinctive competency in innovation - Repost - open to bidding

REQUIREMENTS: - Read the original article below. - Then write 2 (two) other articles based on the article below (200 words each). - Must be delivered on or before Wednesday June 25 6:00 P.M. EDT. - Colloquial language preferred. Original article: Innovation refers to the application of more efficient processes to produce outcomes. The concept of innovation is important for an organization because enhanced and new business models accelerate company growth and create competitive advantage. Innovation can be achieved through distinctive competencies. Distinctive competency means a company that produces goods and services that are differentiated from those offered by its competitors. Large manufacturing firms, for instance, have access to a number of ways to increase their distinctive competency in innovation. As an example, organizations succeed in their distinctive competency not only by offering differentiated products, but also by employing advanced technology in all steps involved in the production process so as to reduce costs, while maintaining the quality of those products. In other words, it is highly recommended that companies focus innovation in products that produce better results than those currently in the market. This is possible by creating quality products, investing on professional development of employees of all levels, and developing strategies that simplifies the business processes. Another center of interest for companies should be the cost effectiveness of implementing innovation. New solutions are necessary not only to create or sustain business leadership but also to address major challenges. Definitely, superior innovation is only possible through the company’s commitment to quality and customer satisfaction, which is achieved by investing in R&D, project management, and the integration of all areas within the company.