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Q » How do conglomerates encourage innovation within legacy business units?
30 Oct, 2025
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A » Conglomerates encourage innovation within legacy business units by fostering a culture of creativity, investing in research and development, and facilitating cross-functional collaboration. They may also establish dedicated innovation teams or labs, provide incentives for successful innovative projects, and leverage technology to modernize processes. These strategies help nurture fresh ideas and adapt business models to evolving market demands, ensuring continued growth and competitiveness in diverse industries.
30 Oct, 2025
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