Inside Innovation # 2 -Process Improvements vs Innovation
Until few years ago, most companies were focused on process improvements or incremental changes. The terminology mostly used were cost optimization, economies of scale, quality, time to market (at decent pace), etc. Companies had different groups and initiatives to focus on these KPIs essentially. While these improvements were taking place, companies like Apple and Google came in and they have revolutionized industries and some competitors and segments got fully eliminated. Companies who
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