Tag: innovation management
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How To Use Competition To Drive Innovation
Research and development is thus an integral part in discovering these innovations. However, while essential, it can also be very costly. The key lies on how management can pursue research and development initiatives that minimize costs yet produce sustainable competitive advantage. In this case, traditional innovation methods will no longer work. The current business environment…
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Innovation is much more than we think…literally
Such ominous words were uttered to a room of corporate executives—to “scare” them into making innovation their top strategic priority, especially in the face of digital disruption. As part of its Integrated Learning Program on Innovation, Ayala Corp., in partnership with global innovation consulting firm IXL Center and the Global Innovation Management Institute, recently…