Axel Springer & External Innovation. How to turn “Spray and Pray” into “Spray and Succeed”?
CREATORS
JUNE 19, 2017
a strategy known as “spray and pray” in the venture capital world, which has been adopted by a myriad of companies. Most corporations using the “spray and pray” method have disorganized innovation strategies. The same strategy was used by IBM in the 1950’s, when it was transformed from a tabulating to a computing company.
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