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Have organizations become more collaborative over 25 years? What has enabled that?

Paul Hobcraft

Instead, they are tapping into the global pool of talent and ideas, using tools like crowdsourcing and hackathons. Technologies Artificial intelligence (AI) and machine learning (ML): AI and ML are being used to automate tasks, identify patterns, and make predictions in the innovation process.

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Top 10 Product Development and Innovation Management Predictions for 2024

Planview

was able to avoid recession in 2023 and consumer confidence is optimistic entering 2024, companies are still proceeding with caution, given the elevated (56%) chance of recession sometime in the next 12 months, according to the New York Fed’s recession probability model.

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Want Your AI Strategy to Win? Don’t Overlook Employee Engagement.

Planview

However, this is 2024—the year AI must prove its value. When leaders adopt a social approach to strategy, they avoid planning in ivory towers or basing their plans largely on financial returns. Instead, they crowdsource customer needs and operational challenges to inform their strategy.