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The Innovation Ambition Matrix plays a crucial role in business transformation. It helps organizations to plot their innovation strategies effectively. The matrix details the levels of innovation a company goes through, providing a roadmap for transformation. It's not a strict sequence, but a guide to help companies understand where they are and where they could go in terms of innovation. This understanding can help drive successful business transformation.
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Before we answer that, an innovation ambition matrix details the levels of innovation a company goes through. Companies don't necessarily go through innovation in this order and don't have to go through all these, but it's a helpful guide to plot innovation strategies to chart a successful transformation.
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Without adequate innovation, you risk falling behind in even what you do well. So how can an organization ensure its business transformation endeavors...
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