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Customer Needs

How Existing Processes Impact Innovation

By August 17, 2022September 7th, 2022No Comments

A process that is efficient in one context will become bureaucratic in another. Make sure you don’t try to map existing processes to the new venture. Core business processes will usually impede new ventures and can sometimes cause them to fail. 

Organizational capabilities and structure is usually antithetical to innovation. Need to be quick, nimble, and able to adapt. Corporations don’t optimize on this so they usually aren’t good at it. 

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