NPD Jargon Buster: Ambidexterity

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Ambidexterity is a vital skill in today's business world. Organisations must be able to balance exploitation and exploration to stay afloat.

Ambidexterity is a vital skill in today's business world. Organisations must be able to balance exploitation and exploration to stay afloat. Ambidexterity is a vital skill in today's business world. Organisations must be able to balance exploitation and exploration to stay afloat.
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Ambidexterity is a vital skill in today's business world. Organisations must be able to balance exploitation and exploration to stay afloat. Furthermore, having a diversified portfolio is critical with the ever-changing landscape of technology and the global economy. Ambidexterity allows organisations to create a new revenue stream while maintaining their core business. Ambidexterity makes firms more resilient to external shocks and adapts to changing market conditions. Additionally, ambidexterity fosters creativity and innovation by allowing employees to work on new projects without compromising the quality of their current work. Thus, ambidexterity is an essential skill for any organisation that wants to stay competitive in today's business environment.

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Ambidexterity is a vital skill in today's business world. Organisations must be able to balance exploitation and exploration to stay afloat. Furthermore, having a diversified portfolio is critical with the ever-changing landscape of technology and the global economy. Ambidexterity allows organisations to create a new revenue stream while maintaining their core business. Ambidexterity makes firms more resilient to external shocks and adapts to changing market conditions. Additionally, ambidexterity fosters creativity and innovation by allowing employees to work on new projects without compromising the quality of their current work. Thus, ambidexterity is an essential skill for any organisation that wants to stay competitive in today's business environment.

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Key Takeways

Jargon Buster
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Farm+Stable is a client of Innovolo, a product development as a service provider offering R&D teams globally extra capacity, capability, and momentum in their product development and obsolescence management projects. As a company that specializes in the development and engineering of products for the agriculture and construction industries, Farm+Stable has benefited from Innovolo's expertise in helping to bring new products to market quickly and efficiently. In particular, Farm+Stable has been able to rely on Innovolo's team of experienced engineers to help with the design and development of a new line of products that are designed to be more durable and longer-lasting than previous models. With Innovolo's help, Farm+Stable has been able to bring these new products to market in a timely manner, and they have been well-received by customers. Thanks to Innovolo's innovative product development solutions, Farm+Stable has been able to stay ahead of the competition and continue to grow their business.
Innovolo is a product development as a service provider. It offers R&D teams globally extra capacity, capability, and momentum in their product development and obsolescence management projects. Its services are used by clients in a variety of industries, including automotive, aerospace, consumer electronics, and medical devices. One of its clients is Kawneer, a leading manufacturer of aluminum products for the architectural and construction industries. Kawneer has been using Innovolo's services to help develop new products and to manage the obsolescence of its existing products. Thanks to Innovolo, Kawneer has been able to speed up its product development cycle and to reduce its costs. As a result, Kawneer has been able to bring new products to market faster and to better meet the needs of its customers.

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