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Emergent Innovation

Meaning ● Emergent Innovation, in the setting of SMB operations, centers on the spontaneous development and deployment of novel solutions derived from decentralized experimentation and agile adaptation to immediate market feedback. This contrasts with top-down, planned innovation. ● Applied to SMB growth, it suggests capitalizing on unexpected discoveries or customer insights to pivot business strategies and unlock new revenue streams. Automation efforts benefit through identifying and rapidly integrating efficiency-boosting tools suggested by operational staff. ● Further, its implementation involves enabling self-organizing teams, granting them autonomy to trial process improvements, and rapidly scaling successful experiments company-wide. As smaller organizations are frequently less encumbered by bureaucracy, they stand to gain by enabling their team members to test assumptions.