Innovation in Operations and Strategic Management: the Quintessential Formula for a Triumphant New Venture.

Abstract: This research paper explores the significance of innovation and the need for new approaches in the operations and strategies adopted by organizations. It aims to compare the approaches used by various successful Indian startups and organizations in developing their strategies and operations. Also, the paper discusses how innovation in operations and strategies, anyhow of the innovation in the products or services provided by an association, can contribute to its success. Overall, this research contributes to a profound understanding of how a fresh entrepreneur or manager should build strategies and operation plans to achieve great efficacy from a newly starting venture.