How Open Innovation is Born from Company Collaboration
The Huffington Post noted that open innovation presents more efficient working that can benefit projects both large and small, and across international borders. Cross-team collaboration maximizes the use of individual skillsets and strengthens project delivery. This approach can be applied to any sector, and can also be used to deliver efficiency in large projects. Adopting these practices gives organizations the space to innovate in an environment increasingly being pressured to use fewer resources with smaller budgets. Open innovation provides the opportunity for workforces to collaboratively upskill by learning from others outside of their organization. It offers the chance to question established processes, optimize delivery and strengthen relationships by decentralizing communication.
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