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DESCRIPTION
Innovation is a complex, multi-year undertaking, which necessitates certain strategic and organizational practices and processes mandatory to organize and inspire creativity. Large firms are, generally, better at implementation than Innovation due to their long-established routines and cultural parameters. Their success is owing to optimization of existing business, rather than through ingenuity.
Innovation is a significant undertaking requiring an array of procedures and processes to enable, organize, and foster it. Research suggests that several large corporations are successfully innovating by embracing some key attributes and approaches. This deck provides a detailed account of these unique attributes and approaches vital to induce Innovation.
The 8 critical attributes—also known as the pillars of Innovation—exist either partially or completely at each large enterprise found successful in product, process, or business model related Innovation. These pillars of Innovation encompass:
1. Aspire
2. Choose
3. Discover
4. Evolve
5. Accelerate
6. Scale
7. Extend
8. Mobilize
The slide deck also includes some slide templates for you to use in your own business presentations.
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Source: Best Practices in Innovation PowerPoint Slides: 8 Pillars of Innovation PowerPoint (PPT) Presentation, LearnPPT Consulting
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OVERVIEW
ABOUT THE AUTHOR
We are a team of management consultants trained by top tier global consulting firms (including McKinsey, BCG, Deloitte, EY, Capgemini) with a collective experience of several decades. We specialize in business frameworks based on real-life consulting engagements.
We have served 100s of clients that range from Fortune 500 companies to tech startups to $1B+ private companies.
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Fundamentals of Innovation Management & Strategy
This bundle contains 8 total documents. See the additional documents to the right.
Innovation Management Growth Strategy Ideation Creativity Customer Experience Open Innovation Business Model Design Business Model Innovation Business Framework PowerPoint Diagrams Jobs-to-Be-Done Value Proposition Service Design FAS Performance Management Innovation Culture Team Management Leadership Dashboard Design Machine Learning Artificial Intelligence Vision Statement Product Strategy Disruption Maturity Model McKinsey Three Horizons of Growth
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