Unilever Innovation Report - Innovation Beyond the Comfort Zone
VerifiedAdded on 2021/05/31
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Report
AI Summary
This report analyzes Unilever's innovation strategies, focusing on innovation beyond the comfort zone. It explores the company's approach to innovation in a competitive market, highlighting the importance of technological collaboration, networking, and open innovation. The report discusses the benefits of these strategies, such as improved resource allocation and access to information technologies, while also addressing the challenges, including the high costs associated with implementation and the need for sustainable solutions. The author suggests improvements, such as investigating inter-organization networking and developing websites to support innovation needs. The report concludes by emphasizing the need for Unilever to analyze its organizational structures to foster innovation and maintain a competitive edge. The report emphasizes on the management of organizational innovation which is targeted towards the changing of the firm’s structural and cultural wellbeing. The report also mentions the need for Unilever to be competitive in the market.
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