Leading processing, packaging equipment suppliers offer innovation insights.
According to research by Accenture Strategy, a full 80 percent of companies surveyed still use an outdated approach to innovation: gated innovation processes (with lean innovation and development) dominated by engineering and R&D. And while that may be good enough for incremental tweaking, it’s not an approach that can produce real breakthroughs, says the global consulting company.
As a result, it urges companies to “…adopt a total solution mindset that creates a specific customer experience driven through an ecosystem of partners.”