MANAGING in the

NEW WORLD

5 types of business innovation have been forecast for the times ahead. The innovations have been categorized for the categories- employees, customers, partners / suppliers, competitors and the general public. Employee innovation has been spoken of first as something critical. Corporate training of them is taking on increasingly significant roles. The concept of crowd-sourcing is gaining credence where the ideas of several employees are tagged rather than a select few. Toyota, Adobe and Whirlpool of three of the organizations which have taken a lead in this.

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