The one element of innovation that seems incontrovertible is that it must happen faster than it has in the past. Product lifecycles are shrinking dramatically across all industries. In the automotive industry, for example, a 48-month development cycle and six year model were once standard practice. Today concept-to-production times are below 24 months and several [...]
Entries Tagged as 'innovation'
by Darin Stewart | August 6, 2012 | 2 Comments
by Darin Stewart | August 1, 2012 | 3 Comments
Innovation is the lifeblood of the modern enterprise. Companies must continually revise, refine and expand their portfolio of products and competencies if they are to thrive in the modern economy. The ability to identify or create new opportunities and to respond to those opportunities is often the determining factor in the success of failure of [...]