Remove Agile Remove Competition Remove Product Innovation
article thumbnail

Mastering the Art: Using Organizational Culture for Business Agility and Resilience

Leapfrogging

The Impact of Culture on Business Agility and Resilience Organizational culture is a powerful lever for enhancing business agility and resilience. A culture that is adaptable, innovative, and collaborative can better withstand market fluctuations and respond to challenges swiftly and effectively.

Agile 130
article thumbnail

At the digital transformation and innovation crossroads

Jeffrey Phillips

And what happens when corporations with business models and structures and governing capabilities built for slower change and market dominance meet the agile, nimble competitors and shifting customer expectations at this unexpected crossroads? The conditions and circumstances did.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why innovation must become the new core competency

Jeffrey Phillips

But what most companies get wrong is that they want to create an innovation and then make it palatable and safe, to fit within the standards and norms of the existing business, like capturing lightning in a bottle. New ideas that are at first radical become profitable, then draw competition, and then become mainstream ideas.

Agile 120
article thumbnail

Shifting Gears: Transforming Traditional Automotive Software Delivery in the Digital Age

Planview

To remain relevant and competitive, automotive companies must embrace digital transformation across their operations. Adapting to technological innovations and making strategic decisions is key to thriving in this rapidly evolving environment. The principles of connected work and Industry 4.0

article thumbnail

Innovation: Exploiting and Exploring

Jeffrey Phillips

Secondly, corporations need a much broader definition of desired innovation outputs or targets (products, services, business models, etc), rather than simply tinker with product innovation. Assign your best people to innovation. Your best people need to be working on your future, not your present or your past.

article thumbnail

From Strategy to Success: Harnessing Corporate Venture Capital for Growth

Leapfrogging

By investing in startups, corporations can access new technologies, products, and services that can significantly enhance their competitive edge. Moreover, through CVC, corporations can tap into the startup ecosystem , leveraging agility and innovative mindsets.

Strategy 100
article thumbnail

Innovation cannot expand without the 4th Industrial Revolution

Paul Hobcraft

Increasingly, there is this recognition that the competitors seem to be moving faster towards becoming more digital, so it then becomes a race to catch up, as this “digital advantage” is increasingly eroding competitive advantage for the digital laggard, even if he is today the market leader. The internal change is slow.

Industry 213