Intrapreneurship is gaining popularity as organizations need employees to operate more like entrepreneurs. An intrapreneur is an innovator within an organization who uses entrepreneurial methods to develop and move forward new innovations.
Toy manufacturers like Mattel and Hasbro are capitalizing on the popularity of social media themes to drive growth, and are streamlining their innovation processes to develop products in months or even weeks.
Going green can be profitable for businesses. Consumers prefer sustainable products and companies can receive tax benefits for choosing sustainable practices. Using organic and sustainable materials can also reduce costs.