The new innovation era requires a shift from internal thinking to external collaboration and understanding of the customer edge. Innovation software and technology solutions can assist in discovering and leveraging new opportunities.
Organizations face three major obstacles on the path to becoming adaptable: lack of commitment from leadership, lack of cross-functional communication and coordination, and lack of focus on results.
Chinese companies expanding to foreign markets face challenges in adapting their business strategies to local conditions, while also differentiating themselves from competitors.