Why Some Large Companies Can't Innovate Faster
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Transcript of Why Some Large Companies Can't Innovate Faster
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Too many Internal Processes and Layers of Bureaucracy
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What worked in Past may not work in future !!
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Unrealistic Expectations from Strategic Innovative Projects
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Reputational Risk – Impact if gone wrong is high!!
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Summary
Even though large companies may not have issues around funding, brand recognition or finding early adopters for their new innovations, the large companies will still have different kind of issues to deal with and these issues are equally complex, political and time consuming to address.