Innovation Strategies to Reinvent Your Business and Thrive in The Digital Era
Innovation and technology are the bridge between a company and its development. According to McKinsey's survey, the importance of innovation in their growth strategy is realized by 84% of the executives. In today's world, where businesses cut-throat competition is on fleek, an innovation strategy gains increased importance to accelerate the growth of the company. The ultimate way to survive and thrive a business company in this digital world is by adaptation, which is possible through innovation. Innovation strategies that a business should follow to transform itself into a brand are: Focus on Artificial Intelligence Artificial intelligence is an innovation strategy on which a company could rely in the future. It holds huge potential to revolutionize how a company carries out its proceedings. According to a study by Accenture, artificial intelligence holds the ability to accelerate a company's productivity by 40%. Artificial intelligence can lead to better decision making