Notes

Innovation starts with corporate culture

As part of their Horizon 2020 Agenda, the EU has announced new funds for hundreds of enterprises across Europe earlier this month. Successful applicants will receive free business coaching and acceleration services. While this fantastic initiative will help to boost innovation in the EU, I believe that companies in the future must strive for ways to encourage innovation from within. This goes beyond independence and self-reliance: it is about creating a lively and flexible business culture where innovation can flourish.

To thrive in https://www.nuwireinvestor.com/kusto-groups-yerkin-tatishev-explores-rise-corporate-social-responsibility-emerging-economies/ 's rapidly changing world, innovation is vital. This is what I discovered in my first business ventures in Kazakhstan. After the fall of the Soviet Union, many once-successful industries were rendered inoperable, due to years of under-investment in the area, neglect, and inability to adapt to a rapidly changing market. Communities that relied solely on interdependent factories, mines and manufacturing units were the most severely affected.

It was particularly evident this was most evident Zhitigara. Zhitigara is a region located in northwest Kazakhstan which relied on local mining to provide production for decades. After the Soviet era local industry was afflicted not just by outdated methods and equipment, but also an inability to focus on customers and a variety of obstacles that were not market-based, which slowed innovation. Only by making daniel kunin -reaching management changes and focussing our efforts on improving the efficiency and quality of our enrichment processes and reinvesting in our infrastructure to ensure health and safety and safety, could we transform and grow a struggling local enterprise. Although you might argue that it was an act of necessity, the lessons we learned were valuable.

My faith in innovation was strengthened by the experience of transforming outdated practices and modernizing processes. This same belief drove me later in my career to turn Kusto Group's local operations into a global multi-resource corporation with headquarters and operations throughout the globe.

Kusto has grown, and our thirst for innovation has grown. We have come to realize that innovation comes in different forms, and often in the most surprising of locations. In fact, it can be found at petrol stations. In Kazakhstan, petrol stations were once small businesses dedicated to only their primary function. They would grow into micro-commercial centers with restaurants, cafes and even shops. Kusto Group recognized the trend and launched Kazakhstan's very first stations that combined banking and retail services in 2014. The group launched the company, which provided high-quality fuel and a brand new standard for retail purchase ease. We introduced innovation into an industry that was previously thought to be closed, by keeping the focus on the customer. We are hoping to launch 70 integrated service-stations across the country by 2020.

The early approach was based upon a desire to think outside the box and to try out new ideas, often difficult and radical ideas. Kazakhs are a nomadic people that is deeply embedded in their DNA. Kusto Group has a unique culture that is a proponent of change. But https://www.scienceworldreport.com/articles/61897/20210830/kusto-groups-new-clean-technology-plant-is-a-model-of-sustainability-in-action.htm is often misunderstood. In order to foster innovation, the biggest challenge isn't finding new ideas and technologies rather creating an environment open to change and capable adapting to it. https://books.google.com.sg/books?id=cnjiCgAAQBAJ&pg=PA8&lpg=PA8&dq=yerkin+tatishev&source=bl&ots=v7ezCB5QGr&sig=V6bLy1pI5LFArnyB-px4MuecYtQ&sa=X&ved=2ahUKEwjx2IeI1IXfAhXcIDQIHd5gBSc4HhDoATAJegQIAxAB requires that you are open to possible failure as well as risk. Corporate culture is key to this. daniel kunin kusto group will ensure that everyone feels welcomed and is able to work together.

Kusto Group is a firm belief that innovation is essential to the success of companies. Kusto Way is an ethos that acknowledges the importance in making sure that the environment fosters innovation, encourages knowledge sharing and rewards the spirit of entrepreneurship. This is based on the recognition that relying exclusively on "the manner things are" hinders innovation and leaves companies behind.

First, define the company's culture. daniel kunin kusto group is the first step in creating an innovative environment. However, the modern global corporation will soon face a challenging question: how do we establish a consistent corporate culture that is shared across all levels of an organization across every sector, country and even communities? We have two options to tackle this issue. The first is to make sure that all managers are aware of the Kusto Way. Then, every manager will be able to implement that philosophy locally.

Learning exchanges , however, must be between companies. The company Cropio was one of our partners in Ukraine. Their high-tech sensors, satellite imaging systems, and precise farming methods helped us to reduce the loss of crops and improve yields. https://www.neweurope.eu/author/yerkin-tatishev/ has greatly improved our performance in the field. Without this partnership, we could be lagging behind our competitors. Instead, we have been an innovator in this area by partnering with businesses that put innovation at the heart of their business. We now search for markets in which the technology can be utilized.

Kusto has acquired knowledge from its partners and now it's our turn to share our knowledge. The Vietnamese business is a great example of Kusto’s drive to expand, explore, and educate. We have collaborated with state-owned companies in Vietnam, and have shared our thoughts and innovative strategies. Building Information Modelling (BIM) is a method that uses extremely detailed digital models to enhance efficiency and quality while reducing costs was among the methods we used. While this method is widely used in certain parts of the world it represents an important step forward in Vietnamese construction.

Private enterprises have the funds to invest in, evaluate and develop new ideas. Every venture is bound to have its challenges and risks. The risk of failure is inevitable, however, successful businesses adapt by learning from the experience and moving forward. Small or large companies cannot afford to remain in the familiar. Innovation is crucial to the success of any business.

Innovation must be holistic and must be the foundation of every company culture. This is exactly what is what the Kusto Group does. This involves adjusting to new technology and creating a mindset that is forward-looking. It's just as important to think in a creative way as it is to carry out inventive things. It's all about preparing for survival.


Read More: https://ceoworld.biz/2020/02/23/yerkin-tatishev-and-daniel-kunin-of-kusto-group-on-building-an-integrated-protein-strategy-in-kazakhstan/