WHY COMPANIES NEED CHIEF INNOVATION OFFICERS

Most of us believe that innovation is the domain of startups, who are lean and agile, and can disrupt the incumbents. This is because large companies are typically perceived as being stodgy and old-fashioned. They're bureaucratic, it takes forever and ever to make decisions, and this is partly because there's just so much politics in these organizations as a result of which they seem to be fossilized.

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