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Lateral Thinking in Business Strategy

Destination Innovation

How can you differenitate your business from the competition? Let’s look at some examples of lateral thinking in business strategy and innovation. It is a creative way to continually improve their product and customer experience, setting them apart in the automotive industry.

Strategy 169
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Using End-to-End Visibility to Scale and Streamline Automotive Production

Planview

The traditional paradigms of automotive manufacturing are evolving, driven by the imperative to integrate cutting-edge software solutions seamlessly with hardware production. As automotive companies navigate this transformative landscape , the need for end-to-end visibility in production processes becomes increasingly evident.

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Unleashing Innovation: Mastering AI-Driven Design Thinking Strategies

Leapfrogging

The integration of Artificial Intelligence (AI) in this process has opened up new avenues for innovation and efficiency, leading to the development of AI-driven design thinking strategies. As a result, AI-driven design thinking strategies are emerging as a critical factor in developing innovative solutions that resonate deeply with users.

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Balancing your innovation portfolio: Does the 70-20-10 rule still apply?

Idea to Value

Innovation Leader, together with management consulting firm KPMG, asked 270 executives at large companies responsible for innovation, R&D and strategy about their innovation projects, challenges, portfolios and strategies. Circles highlighted in original report. There is nothing wrong with this. Well, that depends.

Project 284
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3 Drivers of China’s Booming Electric Vehicle Market

Harvard Business Review

Norway, and other Scandinavian nations were early adopters of EVs, and Germany and Japan have long been automotive powerhouses, their EV markets have lagged in mass market adoption compared to China. In 2022, new EV sales in China grew by 82%, and the country provided 35% of global EV exports. While the U.S., How did China get to this point?

Marketing 124
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Examples of Businesses navigating complexity by fostering Ecosystems.

Paul Hobcraft

By reacting and exploring, searching for change and competitive advantage, each company below has explored through technology and partnerships opportunities that build upon their Ecosystem’s unique strengths. Tesla: Approach: Tesla, led by Elon Musk, is revolutionizing the automotive industry.

Examples 147
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8 Types of Innovation in Business: A Comprehensive Guide

Qmarkets

Innovation isn’t just about the next big idea; it’s a multifaceted strategy that businesses employ to navigate through the twists and turns of today’s dynamic markets. A real-life example of process innovation is the Toyota Production System (TPS), which was developed by the Japanese automotive manufacturer Toyota.