What can medium to large firms learn from the speed of Startups regarding Innovation quickly, and with scale? An interesting article from McKinsey deals with the following elements:
– Speed comes from urgency…..a lack of capital
– Push Decision making down to the local level
– Use Agility or the Agile concept used by Tech firms
– Streamline the processes
– Create partnerships along the way for efficiency
Read more about these concepts Here
Hope you find it valuable
Steve Brody