This year, Microsoft purchased LinkedIn for $US26.2bn and Uber was valued at $US62.5bn. How is it that a handful of founders, starting out with little more than an idea, are managing to create multi-billion dollar businesses, when our largest companies with far greater resources, are struggling to replicate that performance?
When it comes to enterprise, a poorly-defined innovation focus is the main road-block to company growth. Whilst successful start-ups are continuously innovating – their survival depends on it – too many of Australia’s largest businesses are simply running experiments on their innovation efforts.
