Big companies shouldn’t sell themselves short when it comes to innovating. It’s become routine to assume that startups and smaller companies have an easier time developing innovative products and services than larger competitors, who are burdened by legacy infrastructure, bureaucratic processes and burdensome regulation. But large companies possess advantages overRead More
Post Tagged with: "organizational innovation"
Capital One Financial Corp. CEO Richard Fairbank confirmed the bank’s commitment to organic innovation in the company’s Q3 earnings call yesterday. Fairbank is himself an entrepreneur who co-founded Capital One in 1988. The bank takes entrepreneurship seriously, installing entrepreneurs in residence in Capital One Labs, for example. Fairbank said the following yesterday,Read More