How We See Innovation

Miljenko Baković -

Innovation is often misunderstood. Many people think it’s about coming up with the flashiest new technology or the most groundbreaking idea. But in reality, true innovation is about solving problems in a more effective way. It’s about making things work better, faster, or more efficiently — not just impressing people with fancy gadgets or complex systems.

 

For innovation to be successful, three key elements must be in place: clear goals, continuous monitoring, and an external perspective. Without these, even the most exciting ideas can fizzle out before they ever make a real impact.

 

 

Clear Goals: The Foundation of Innovation

 

One of the biggest mistakes in the innovation process is starting without a clear purpose. If you don’t know what problem you’re solving, how can you create an effective solution? Goals provide direction and ensure that everyone involved is working toward the same outcome.


Imagine a company developing a new product without defining what success looks like. Do they want to make it cheaper? More durable? Easier to use? Without clear goals, the team might spend months developing a sophisticated product that doesn’t actually meet customer needs.


To innovate effectively, start by asking: What problem are we solving? The answer should guide every decision you make. Without a clear goal, innovation turns into a guessing game.

 

 

Monitoring Progress: Staying on Track

 

Innovation isn’t just about the big idea — it’s about execution. Many projects start strong but lose momentum because there’s no system in place to track progress. That’s why continuous monitoring is essential.


Regular check-ins allow teams to see if they’re moving in the right direction and adjust when needed. Think of it like driving a car—if you never check your GPS, you might end up miles away from your destination. The same applies to innovation: without monitoring, teams can drift off course, wasting time and resources on ideas that don’t work.


Setting measurable milestones helps teams stay focused. Whether it’s testing a prototype, gathering user feedback, or refining a business model, monitoring ensures that innovation efforts stay productive and efficient.

 

 

External Perspective: Seeing Beyond Internal Biases

 

One of the most overlooked aspects of innovation is the value of external perspectives. When teams work in isolation, they risk missing critical insights that could improve their solutions.


External partners — whether customers, industry experts, or even competitors—bring fresh perspectives that internal teams often lack. They challenge assumptions, highlight blind spots, and offer new ways of thinking. Without this outside input, innovation can become an echo chamber where only familiar ideas are considered.


Take, for example, a tech company developing a new app. If only the internal team tests it, they might miss usability issues that are obvious to a real customer. Bringing in external users for feedback early in the process can help create a product that actually meets people’s needs.

 

You Cant Say No to Innovation (Thumbnail)

 

 

Innovation is About
Solving Problems,
Not Just Technology

 

 

 

 

 

 

Many people think innovation means developing the most advanced technology. But technology is just a tool—true innovation is about solving problems better than before.


A simple, well-designed process can be more innovative than a high-tech system that complicates things. A small business finding a faster way to serve customers is just as innovative as a company launching a new AI-powered product. What matters is the impact, not the flashiness.


Innovation succeeds when it is purpose-driven, continuously monitored, and open to external insights. Without these elements, even the most creative ideas can fail. But with them, businesses and individuals can create solutions that truly make a difference.

 



Want to know more about how we deal with innovation at Reeinvent? Contact us!