Process Innovation: The Crucial Facilitator of Product Innovation
In stealth-like fashion, outsourcing can erode a manufacturer’s competitive advantage. Believing that profits will rise if it starts to outsource, a company can lose sight of the fact that it is gradually – and unwittingly – losing the capabilities that have differentiated it. But turning inward, specifically to employees, and enabling them to re-capture the company’s reputation for process innovation will help re-build a sound … [ Read more ]
Content: Article | Author: Chris Piper | Source: Ivey Business Journal | Subject: Innovation