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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.
The Global Innovation Management Primer offers a comprehensive exploration of the complexities and strategies involved in managing innovation on a global scale. The presentation delves into the intricacies of balancing local responsiveness with global standardization, providing actionable insights into the I-R Framework and Transnational Management. It emphasizes the importance of leveraging Metanational Management to harness globally dispersed knowledge and create value on a global scale.
The PPT also addresses the challenges and opportunities of innovation in emerging markets, highlighting concepts such as Frugal Innovation and Reverse Innovation. It provides a detailed analysis of the roles subsidiaries can play in global innovation, emphasizing the strategic importance of aligning subsidiary capabilities with organizational objectives. The slide deck includes customizable templates to facilitate the application of these concepts in your own business presentations, making it a practical tool for any executive looking to drive innovation within their organization.
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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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