Establishing the Right Foundation
In order to ensure that your organization is on the right path for innovation and is valued so by external companies, it is vital to establish a strong foundation consisting of the right process, the right team members, and the right mindset.
5.1 Building the Right Process
It is not enough for companies to simply claim that they are innovative. They need to invest funds and resources to identify interesting solutions and experiment with them. Therefore, being able to analyze, filter, and onboard new solutions is crucial for the success of such activities. As discussed, this can become particularly challenging for large and traditional companies, which are often calibrated to work with either vendors ...
Get Innovative Business Development now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
