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DESCRIPTION
Contemporary vibrant and contracting world demands using a wider approach to Innovation.
The customary approach's reduced efficacy is because of the uncomplicated accessibility to exceptional knowledge necessary to Innovate. For accessing and utilizing such knowledge effectually warrants a revitalized approach.
Approaching Innovation at a global scale can be accomplished in numerous ways. Four of the common ones are:
1. Center for Local
2. Local for Local
3. Local for Global
4. Global for Global
Of these, Local for Global is the most recognized model in the area of Global Innovation. Although implementing such an approach has its challenges, its pursuit allows us to adopt Innovation as a source of Competitive Advantage in the future. In fact, gaining a Competitive Advantage needs acquisition and assimilation of knowledge from many different places.
Fundamental in tackling the challenges to this approach is Metanational Management, which is also discussed in some detail in this presentation.
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, Globalization PowerPoint Slides: Global Innovation Management Primer PowerPoint (PPTX) 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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