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Day: March 22, 2024

Stagnation vs. Innovation

Stagnation vs. Innovation Power Tool By Greg Major

A Coaching Power Tool By Greg Major
Business Owners Coach, AUSTRALIA

The concept of “Stagnation vs. Innovation” is discussed in this power tool. According to Cambridge Online (2023) “a situation in which something stays the same and does not grow or develop” is called stagnation. In the context of coaching, stagnation is evident when a person finds themselves unable to move, solve problems, or find other answers or treatments. According to Cambridge Online (2023), innovation is the “creation and use of new ideas and methods.” The concept of applying creative thinking to solve issues has roots in economics, but it also applies to commercial and personal problem-solving today.

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