The innovation economy is a key policy direction currently being strongly promoted by governments worldwide.
Innovation is also the key to a company’s survival in the future, as past methods of success can no longer be relied upon.
Corporate innovation enables companies to stay ahead of potential competitors and be well-prepared to adapt to changing customer demands.
In the session, Professor Charles introduced 10 innovation origins, encouraging each department to think about optimizing current operations. These perspectives included solving existing problems, simplifying processes, and creating efficient solutions, among others.
Various strategies were proposed, including product innovation, process innovation, brand innovation, and business model innovation.
"Innovate or die!",The famous quote by Peter Drucker, the father of management: