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Monday, August 23, 2010

Creating Linked Innovation Groups

A case study from HBR provides a number of suggestions about how to create innovation groups, especially for the large global enterprise.

Creating Distinct but linked Innovation Groups
Conventional wisdom suggests you should isolate innovation from the core — separate the new from the old. But this approach misses the important advantage that big corporations can bring to innovation. Global companies own mammoth assets and capabilities that innovation initiatives must leverage. GE Healthcare in India innovated a $400 portable ECG machine by leveraging GE's vast reservoir of knowledge about ECG technologies that reside in their R&D center in Milwaukee ... '

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