As businesses get larger, agility tends to get lost on the way. But, does it have to be that way?
For both big and small businesses, growth is often the ultimate goal. However, navigating unprecedented growth can be daunting at times. Some businesses are concerned about losing their organizational culture, while others risk losing their agility. At Innovation Realized 2019, thought leaders, such as Emilie Sydney-Smith, Managing Director, Art & Commerce LLC, spoke about why innovation should be a collective mindset. Without a cultural shift in the organization, innovating at scale is harder to sustain.
To accelerate innovation, it is key to reach out to various market players or ecosystem players who are working toward the same goals. According to Scott McGurl, EY Global Consulting, these ecosystem players could be technology partners, service providers, or data analysts. Collaborating with such market players can help businesses to innovate on a global scale, quickly. So, in this Transformative Age, will you compete or collaborate?