by Dave Murray, Director of Thoughtat BPI
In an age where start-up innovation is disrupting industries across the globe, legacy corporations must reinvent their business strategy in order to remain competitive. That means there is no longer any stone left unturned in generating the best possible products and services out there. Top companies are stripping away the barriers to harness the best ideas from customers, partners, R&D teams, external technologies and literally every member of staff.
In a new report produced by the Business Performance Innovation (BPI) Network, Innovation: The New Competitive Equation found that eight out of 10 executives now declare their companies’ commitment to innovation as “very high” or “growing.” Yet despite the recognized need to keep pace with rapidly evolving technologies, and the many challenges of competing in an economy increasingly defined by entrepreneurs, “concerns about ...(register to read more)