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This dangerous obstacle to innovation is described by Nilofer Merchant in The New How as “the empty void in an organization between the high-level strategy conjured up in the stratosphere and the realization of that vision down on the ground.”. If they change the way they make strategy, they will start to get different innovation outcomes.
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Innovation application and practice seem to have stayed stuck, largely due to how it is organized. For me, it is necessary to grasp what Ecosystem thinking, and Platform design can do through all the connected technology and human collaboration this approach can provide. I have doubled down on innovation more to prompt others.
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What should they do when they realize the traditional markets where they have safely operated for years has suddenly been overtaken by a new market creation, one that has gone outside old borders in industry and product. Large organizations all collaborating and leveraging their assets can respond effectively to savvy entrepreneurs.
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So, how do we undertake this need to think through and recognize a new innovative way of discovery. Thinking through any engagement process, one that is required to break through traditional innovationprocesses needs to break down the new areas of discovery. Encourage collaboration between AI and human experts.
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Increased integration with other business tools, such as project management and collaboration software. More emphasis on data analytics and reporting to help companies better understand and track their innovation efforts. From < [link] > What holds Innovation software back for companies to adopt more?
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