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What is Global Firms about?
Innovation is crucial for global firms to compete in a complex marketplace, allowing them to differentiate themselves and adapt to changing customer demands. There are two main types of innovation: incremental, which involves small adjustments to existing products, and disruptive, which introduces new business models that can transform industries. Effective leadership is essential for fostering an innovation culture, providing necessary resources, and empowering employees to drive innovation initiatives.
- Author
- dalma
- Language
- EN