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That work with larger companies. Articles and other articles you can read in MIT Sloan Management Review Tags: Collaboration Recession Financial Crisis Innovation Tech Startups More like this Unleashing the Unexpected Radical Innovation MIT Connect Reinventing Procurement: From Cost Centers to Innovation Drivers Smarter Governance MIT Strategy Forum Will short-term financial pressures complicate the transition to sustainable business models? You must be logged in to leave a comment. First time here? Sign up for a free account.
Comment on articles and access more articles. Innovation network Two innovation experts see great potential in creating networks that include companies from different regions with technical expertise. Year Month Day Reading Time: Minutes Topics Strategy Workplaces, Teams, and Culture Global Strategy Collaboration Subscribe Share What to Read Next MIT Artificial Intelligence Must Read Books of the Year Top 10 Job Function Email List Articles of the Year Two decades of open innovation to add to your boardroom Cybersecurity Expertise came across an interesting report written by John Hagel III and John Seeley Brown, both of whom are associated with the Deloitte Center for Edge Innovation.
The pair argue that most Western companies have yet to truly tap into the power of emerging market regions with high-tech expertise (e.g. Bangalore, Shanghai, etc.); they call such areas of high-tech specialization spikes. Hagel and Brown believe that to truly harness the power of collaboration among the world's geographically diverse peaks, companies need to reduce their transactional mentality and instead manage loosely coupled networks of individual companies. They cite Li & Fung as an example of this approach. Hagel and Brown believe that developing such networks can lead to the next step: what they call creative networks in which companies from the global pinnacle that participate in the network can not only work together but also study and learn from each other. Innovate together and get better, faster. The idea is that collaboration can help companies create new value together. Hagel and Brown write.
Comment on articles and access more articles. Innovation network Two innovation experts see great potential in creating networks that include companies from different regions with technical expertise. Year Month Day Reading Time: Minutes Topics Strategy Workplaces, Teams, and Culture Global Strategy Collaboration Subscribe Share What to Read Next MIT Artificial Intelligence Must Read Books of the Year Top 10 Job Function Email List Articles of the Year Two decades of open innovation to add to your boardroom Cybersecurity Expertise came across an interesting report written by John Hagel III and John Seeley Brown, both of whom are associated with the Deloitte Center for Edge Innovation.
The pair argue that most Western companies have yet to truly tap into the power of emerging market regions with high-tech expertise (e.g. Bangalore, Shanghai, etc.); they call such areas of high-tech specialization spikes. Hagel and Brown believe that to truly harness the power of collaboration among the world's geographically diverse peaks, companies need to reduce their transactional mentality and instead manage loosely coupled networks of individual companies. They cite Li & Fung as an example of this approach. Hagel and Brown believe that developing such networks can lead to the next step: what they call creative networks in which companies from the global pinnacle that participate in the network can not only work together but also study and learn from each other. Innovate together and get better, faster. The idea is that collaboration can help companies create new value together. Hagel and Brown write.