Open innovation is crucial for businesses to adapt to the new more porous and externalized environment. To stay competitive, companies need to collect data from sales staff and suppliers to create disruption maps that show how their products can remain relevant.
Innovation cannot be successfully implemented into an existing culture unless all aspects of the culture are changed, including how people interact and how work is done. Providing new tools and skills is crucial for innovation to thrive.
The new decade will witness a major transformation in markets due to digitalization and business innovation. Read on to know about the most significant business trends that will shape the economy until 2025.
