Let me start by saying that there are obvious reasons as for why companies can't survive bankruptcy. Huge debt is a major one. Financial management is critical but there is more to it. In a very competitive business environment, innovation is not just a buzz word, it is a must. Imperative. It is a mean to an end (growth) as the alternative is a dead end. I argue that the rapid pace of technology changes in global markets highlights the importance of scouting for and incorporating technologies from the innovation ecosystem.
I have seen few leading global "toy players" (and by players I refer to corporations, manufacturers and startups) looking for, developing and implementing innovation as a growth strategy. To be more specific, I would say that technologies such as Machine Learning / Augmented Reality / Artificial Intelligence / Virtual Reality. are all very interesting and relevant to these and all players, literally.
As stated in one of my previous posts, innovation, like any change, can be a very tricky thing... Sometimes it is not enough to think out of the box; one may need to break it in order to survive, grow and thrive. Saying "If it is not broken, don't fix it" is no longer relevant argument, when it comes to innovation.
I would be delighted to elaborate on possible innovation strategies and process implementation, as well as possible technology scouting solutions.
amarin.meir@gmail.com
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