Unless an organisation has a specific innovation policy it will stagnate and gradually die. Most cotton textile mills have met the same fate. Clothing is one of the basic needs (Roti, Kapada aur Makaan) but now a day the clothing needs are met by garments manufacturers who prefer to secure their customers by procuring cloth from small manufacturer. Mills were used to manufacture a particular quality, colour style of cloth in large quantities only. They would sell the cloth to hundreds of thousands of retailers throughout the country. But times changed. Fashion came in. Fashion Designers came to the fore. They influence consumer with their innovations. Consumer habits changed. Instead of buying cloth and getting dresses stitched, they started wearing fashion garments. Everyone on the scenario was creatively engaged in innovation. But the mills did not innovate. Result is known to everyone. Mills stagnated and died.
You might ask how should one bring innovation in one’s life. How is it important when we are talking not of an organisation but an individual? The answer is by upgrading one’s knowledge and skills. Gone are the days of rich zamindars who will remain rich and commanding position. Who will continue to treat the labourers as slaves? An ordinary worker with a desire to succeed and determination to innovate can become Dhirubhai Ambani or Steve Jobs or Bill Gates or Warren Buffer.
Among other things innovation also requires an ability to take some risk in life. There is nothing 100 percent risk free. Once in a while in spite of all odds in your favour, you may still fail. There too your creative mind and passion for innovation will make you resilient to start another project.
Even when we are talking of personal relationships constant application of mind, innovative methods can bring back the lost love and/or effectively repair the seemingly irreparable relationship.