Just yesterday, one of Australia’s long running broadcast networks, TEN, went into voluntary administration after reporting a $232 million loss - another sobering reminder that the once mighty will fall unless they begin to not only challenge but replace their existing business models. Corporate innovation is all the rage right now. Companies are scrambling to stay relevant - or at least look like they’re trying to stay relevant - amidst a storm of growing uncertainty and unpredictabilty. The hard truth of the matter is that there are no silver bullets when it comes to corporate innovation. And anybody who tells you there is is LYING.
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