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What is a world without innovation?

What is a world without innovation?

 


April 21, 2024 Innovation is the lifeblood of progress and the driving force behind the Sustainable Development Goals. In a business context, it is the ability to conceive, develop, deliver, and scale new products, services, processes, and business models. Innovation creates value, increases productivity and drives competitiveness.

The potential for innovation creates hope. But too often that hope is dashed by ineffective implementation. What does it take to truly foster innovation? McKinsey's Matt Banholzer, Andy West, and coauthors say that efforts to focus an organization's culture on innovation must be systematic and intentional. states that there is.

This World Day of Creativity and Innovation, check out our insights on how top innovators are outperforming their peers, driving innovation with generative AI, and building a culture that considers the human side of innovation. Learn what's going on.

How innovative companies use technology to drive business results

Drive innovation with generative AI

The fear factor: Overcoming human barriers to innovation

Take the fear out of innovation

Innovative producers: a view from above

What is innovation?

The Dedicated Innovator: How Essentials Masters Deliver Superior Performance

Innovation in a crisis: Why it's more important than ever

Commitment to innovation

8 elements needed for innovation

More information from McKinsey

2023: The year of innovation

Sources

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2/ https://www.mckinsey.com/featured-insights/themes/whats-the-world-without-innovation

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