Many large organisations have innovated successfully to catapult India Inc.’s reputation at the global stage. Many others in sunrise sectors like Retail, Health Care, Hospitality and Biotech etc are poised to follow suit. Also, when it comes to functional disciplines, Innovation has transformed the very fabric of these organisations – Manufacturing, Supply chain, Marketing & Positioning, Human Resource Management, Technology etc.
What has made this happen? What have been some of the successes and learnings in stimulating Innovation in Large organisations? What are the paradoxes and dilemmas that these organisations typically face? How do they strategically balance their existing profitable businesses with creating ‘never seen before’ solutions?