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Why invest in innovation consulting?

mjvinnovation

In the book Innovation and Entrepreneurship, Peter Drucker defines innovation as “the specific instrument of entrepreneurship […] that endows resources with a new capacity to create wealth” Scott Berkun, from Carnegie Mellon University, believes that “innovation is a significant positive change.”

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The Innovation-Driven Disruption of the Automotive Value Chain (Part 2)

Corporate Innovation

Moreover, culturally automotive companies prefer to at best be fast followers , rather than a first movers. Establish the right culture, timelines and innovation KPIs. Many large corporations often prefer to be fast followers because they perceive that in this way they are reducing the risk associated with early technology adoption.

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The Innovation-Driven Disruption of the Automotive Value Chain (Part 2)

Corporate Innovation

Moreover, culturally automotive companies prefer to at best be fast followers , rather than a first movers. Establish the right culture, timelines and innovation KPIs. Many large corporations often prefer to be fast followers because they perceive that in this way they are reducing the risk associated with early technology adoption.