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But what does “business innovation” mean, exactly? And what is it not? What are some examples of it in practice?
Check out this blog article for a general innovation definition by Really Good Innovation.
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The overarching challenge in the next decades will be to design supply chains that meet future economic, environmental and social requirements, in short that are “people, planet, profit” oriented.
Innovation, creativity and overall success of a company are highly determined by the presence of an effective corporate culture. What are the characteristics of innovation culture, and how can it be achieved?
Digital technology can help, but it is only part of the solution. In our experience, how technology is applied is just as important, if not more so.
Innovating with external partners doesn’t always give companies a competitive advantage. It needs to be balanced with internal efforts.
One way to offer air cover for ideas that may look wild at first is to build an innovation lab.