By S. Lettig and Dr. V. Davidovski
Innovation is a key factor for a firm's growth and long-term survival. But innovation is a like a coin with two sides; it can be "incremental" by adding to existing processes, or it can be "radical" by making existing processes redundant and demanding new technology, expertise, and resources to establish fresh processes.
It's now time for next-generation enterprises to get out of the furrow of the "also-rans" and the "also-exists" and galvanize themselves to the uncharted course of the new and the innovative. It's time for enterprises to cast ad-hoc innovation processes by the wayside and jump onto the fast rack of structured innovation and adopt the Strategic Innovation Framework (SIF).
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