INNOVATION

Importance of Innovation in Operations Strategy



Importance of Innovation in Operations Strategy

Introduction

Recent times have brought enormous changes in the global working environment. Every other day we witness in our surroundings introduction of innovative technologies and products. Companies are fighting their level best to compete with each other. Innovation in technologies has even paved a way for them to go global. This all has increased the level of competition in the global working environment. Therefore, it can rightfully be said that innovation has become a key component for modern day organizations to compete side by side with other companies in the ...