Exploring the concept of reverse innovation, this chapter highlights how multinational companies penetrate emerging markets to create innovative products that are later exported globally. Examples from companies like GE and Harmon demonstrate the challenges and benefits of this approach, shedding light on the evolving landscape of global innovation.
In today’s episode for 9th April 2024, we explain the concept of reverse innovation based on the back of GE Healthcare’s endeavours in India.
Also, a quick side note. If you're someone who has great communication skills and are looking to join a dynamic team, Ditto is recruiting new Insurance Advisors. You don't even have to know much about Insurance — We will train you from scratch and you can enjoy working remotely with a great team. Click this link to apply - https://bit.ly/3U0bDt4