3 ways Merck is shaking up its innovation programs
'... Like most pharmaceutical companies, Merck has struggled in recent years with regulatory pressures and new technologies. To stay competitive, the firm is seeking to implement a "lean-startup software ethic" while establishing repeatable processes that can keep new ideas flowing. "Change and innovation are choices, not givens, in any organization, and there are managerial levers for making these selections wisely," write Frank Cespedes, Jay Galeota and Michael Wong ... "
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