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As part of the EU Horizon 2020 agenda, last month the EU announced fresh investment funding for hundreds of European businesses. All applicants who are successful will receive free business coaching, as well as acceleration services. This initiative is a positive stimulant for innovation within the EU. However, companies of the future need to focus on innovation from within. This is not about self-reliance or independence. daniel kunin ‘s about creating an open and agile business culture that fosters innovation.

To succeed in today’s changing world, it is imperative to be innovative. This is something I’ve discovered during my early business experiences in Kazakhstan. Many businesses that once had a good track record were destroyed by decades of negligence, insufficient investment, and unresponsiveness to market changes. Single-resource communities that were dependent on interdependent mines, factories manufacturing units, and mines were among the hardest hit.

It was particularly evident in Zhitigara. Zhitigara is a region of northwest Kazakhstan that had depended on local mining to provide its manufacturing output for many decades. In Yerkin Tatishev -Soviet period, local industries beset by outdated practices and equipment, a low-quality customer service and a host of other non-market-based obstacles that hindered innovation. We were able to turn the tide and develop a failing local business by making significant managerial changes. While you could argue that it was innovation through necessity, the lessons learned were extremely valuable.

My faith in the power of the power of innovation was reinforced due to my experience of modernising old practices and urgently modernizing operations. In my later years of work, this belief fueled the transformation and expansion of Kusto Group from a small, locally-owned company to a multinational corporation with multiple resources with its headquarters in Singapore as well as operations across the globe.

As Kusto has grown, our desire to innovate has increased. Innovation is available in all shapes and sizes often at the most inconvenient of places. Even at daniel kunin . In Kazakhstan petrol stations began in small shops that were focused on their core mission. They would eventually become micro-commercial centers with cafes, restaurants, and shops. Kusto Group saw this trend and opened Kazakhstan’s first station in 2014 that included retail and banking services. The company, which was set up established by the groups set the standards for easy retail purchases and a high-quality fuel supply. We have brought new ideas into a market which was previously thought to be standardised, by paying attention to the customer and providing the right technologies and services to match. We’re planning to open 70 integrated service-stations across the nation by 2020.

This was made possible by a willingness and ability to think beyond the limits and come up with fresh, uncomfortable and sometimes even radical ideas. Kazakhs are nomadic in nature that is driven by exploration in our genetic heritage. Our philosophy is open to new ideas which is the reason we are known as Kusto Group. But, innovation is often misunderstood. Finding the latest ideas or techniques is the greatest challenge to innovation. However, creating an environments that is willing to change and adapt to them is. This implies being open to potential failure. Corporate culture is the key to this. A company’s culture ensures that everyone is welcome and is able to collaborate.

Kusto Group believes that innovation is crucial to the longevity of any business. Our philosophy – the Kusto Way’ is based on an understanding of the necessity to create an environment which encourages active knowledge sharing, is tolerant of new ideas, rewards entrepreneurship and does not demonize failure. It’s a recognition of the fact that to rely on ‘the existing situation’ could hinder progress and leave companies left behind.

Determining the corporate culture of a business is the initial step to creating a dynamic environment. However, today’s global company will soon have to face a challenging question: how do we establish a consistent corporate culture across every level of the company across every sector, country and even communities? There are two approaches to solve this problem. The first is that we ensure that all managers are aware of the Kusto Way. Then, each manager should implement the Kusto culture locally.

But, learning exchange is required between business. We collaborated with Cropio in Ukraine to create precise farming methods. daniel kunin advanced satellite imaging and sensors have helped us cut down on crop waste and boost yields. The partnership has helped us become more effective in this sector than our competitors. Instead, we’re experts in the field thanks to cooperating with companies who place innovation at their core and are now looking for markets in which this technology can be used.

Having learned from our partners, and with our unique culture in place, now Kusto’s turn is to share our knowledge. One instance is the Vietnamese operation. This is an example of Kusto’s determination to grow, learn, and educate. yerkintatishev.com/ have worked with state-owned companies in Vietnam, sharing our ideas and new approaches. Building Information Modelling (BIM) was implemented to lower costs, increase quality, and increase efficiency. This was a significant and groundbreaking breakthrough in Vietnamese construction, despite being a well-known practice elsewhere in the world.

Private enterprises have the resources to invest, trial and implement innovative concepts. Each venture is prone to risk and challenge. Successful companies learn from their mistakes and adapt to it by constantly innovating rather than seeking to prevent it. No business, regardless of size, can afford to remain comfortable with the status quo. It is crucial to invent and encourage innovation among the workforce. This will require investment.

Innovative thinking is crucial and is the foundation of every corporate culture. This means adapting to the latest technology , and developing a culture that looks forward. It is as crucial to think creatively as it is to carry out innovative things. daniel kunin kusto group ‘s a matter to survive.