Wednesday, April 2, 2008

InformationWeek explores the meaning of "innovation"

InformationWeek VP and Editor in Chief Rob Preston's recent article previews an intriguing new micro-site about the broader aspects of innovation within corporations, namely the "convergence of customer-focused strategies and global networks." Contributors include University of Michigan's C.K. Prahalad and M.S. Krishnan, authors of the forthcoming book I'm eager to read called The New Age Of Innovation (McGraw-Hill). We'll explore implications of this movement on Finance Systems in upcoming posts, including something Bob Evans highlights from the book's introduction about the need for corporations to bridge the "significant gap between strategic intent and 'capacity to act'."

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