Balancing Knowledge Complexity and Global Dispersion in Innovation PPT
This PPT slide, part of the 28-slide Global Innovation Strategy PowerPoint presentation, presents a framework for understanding the relationship between knowledge complexity and global dispersion in innovation. It features a graph that plots these 2 dimensions, illustrating 2 distinct curves: the Conventional Trade-Off Curve and the Optimized Trade-Off Curve. The key takeaway is that companies often find themselves constrained by the traditional view, which suggests a trade-off between complexity and dispersion. This perspective can lead to missed opportunities for value creation.
The Conventional Trade-Off Curve indicates that as global dispersion increases, knowledge complexity tends to decrease, suggesting a negative correlation. However, the Optimized Trade-Off Curve challenges this notion, proposing that organizations can actually achieve high levels of both complexity and dispersion. This is crucial for firms aiming to leverage global resources effectively.
The accompanying text emphasizes the importance of forming international R&D teams capable of navigating the complexities inherent in robust innovation processes. It highlights that successful innovators do not merely accept the trade-off, but actively reshape their innovation practices. By doing so, they enable collaboration across geographical boundaries, allowing teams to tackle complex ideas collectively.
Furthermore, the slide hints at a transformation process that can be achieved by refining 3 key aspects of innovation, which are likely detailed in subsequent slides. This holistic approach to innovation is essential for organizations looking to enhance their capabilities and produce innovative products or services on a global scale. Overall, the content encourages a shift in mindset towards embracing complexity as a means to drive innovation rather than viewing it as a barrier.
This slide is part of the Global Innovation Strategy PowerPoint presentation.
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Innovation Management Globalization Value Creation Innovation
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