Over the past 40 years or so, the term “corporate innovation” has increasingly seemed like an oxymoron. Technology leaders like Cisco have relied heavily on acquisitions, while start-ups like Google and Amazon have created entire industries. Meanwhile, some “best of breed firms” from the Mass Production era like IBM and Sears encountered their own “near-death experiences.” However, a new era is dawning, the basis of competition is changing, and some established companies have evolved to seize the opportunity. What are they doing? What are the implications for your industry and firm? Where do the investment opportunities lie? We’ll provide the answers.
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