Relating to the New Innovation Era

Existing innovation systems are ill-equipped to deal with the constantly changing and uncertain markets of today. We need a fresh, evolutionary approach that recognizes the need for adaptability and agility. This new innovation era requires a radical redesign of our innovation systems and structures to achieve success. We must challenge the existing legacies and replace them with a more fluid, adaptable approach to innovation that recognizes the need for alignment between people, technology, and innovation, as well as intense impact and focus on value delivery. Each innovation event is unique, and we need to learn and become adept at constantly adapting to the changing market needs.