Page 22 - TECOFASH

CHAPTER 4

3.4. IMPLEMENTATION

Theory-based innovation is one thing, but practical application to actual

business issues is quite another. You ought to have a select few very sound
O3-A1: Intergenerational approach and collaborative training guidelines
As a first step partners will develop the methodology for an intergenerational approach as chosen to
and tried-and-true ideas by this point. This is the time when your product,
deliver the training. The aim of this output is to create long term relationships between an
finally enters the market.
entrepreneur, responsible for running a retail business and a youth, who will help them introduce
PRODUCT ROLLOUT AND ITERATION
sustainable changes to the business. In order to reach this objective, a framework for the

collaboration will be developed. The relationship will be be voluntary and included as such in the
It's typical for your first release to only include the basic features. Before
framework but encouraged in order to maximise participation in the training activity and further
you set up the details in design or action, your product can move to the
apprenticeship programmes. Partners will explore existing suitable frameworks that can be used in
next step and start generating revenue. The sales support team should be
the RETAIL project. In addition, partners will seek involvement of relevant networks to increase the
prepared to observe the effects and act accordingly. Technical and
project scope. For instance, DCC is a member of the Enterprise Europe Network with EASME
customer support should be on hand. You should also figure out your
actively encouraging members to collaborate and engage with all relevant EU projects. Partner will
pricing. Based on earlier studies and evaluation rounds, decide when
also explore other relevant programmes such as mobility programmes (Erasmus+, Erasmus for
young entrepreneurs), etc. From this work, a methodological report will be issued.
and how to advertise your products. It is necessary to iterate on strategies
for marketing with the audience you are targeting as needed. Be ready

to take risks. It is required for innovation, and businesses that do not take

risks are frequently left behind. Accepting failure as a necessary part of

the innovation process allows businesses to learn from their mistakes and

move forward.