For most companies, innovation and R&D are at the forefront of long-term growth strategy -- all in the quest to stay relevant, beat out competition, and thrive. But even for the most aggressively innovative companies, things are changing. Not only the sharp adjustment to more rapid development cycles, but recognizing that your best and brightest may not include, well, you. Many companies today now incorporate open innovation models, or crowdsourcing, to solve customers' problems.
This is part I of a three-part series around applying the concepts from the book Driving Digital Strategy by Sunil Gupta. What first attracted me to Driving Digital Strategy was that it addressed a common challenge for many of my clients and colleagues today -- how to grow and evolve in a digital landscape, be a disrupt-er instead of … Continue reading Reimagining Your Business [Part I]: Data is the New Oil