How Sharing Across Industries (Including Competitors) Can Accelerate Innovation

How Sharing Across Industries (Including Competitors) Can Accelerate Innovation

By Que Dallara, President and CEO of Honeywell Connected Enterprise

How do you accelerate innovation? By learning from leaders in other industries and even competitors

One of the great parts of my job is that I get to talk to leaders from all types of industries.

A surprising trend I've seen since the start of the COVID-19 pandemic is that enterprises are drawing inspiration from anywhere and everywhere to thrive in the “new normal.”

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Whether its offices borrowing the hyper vigilance of safety or operations experts pivoting to work from home, the status quo is no longer a viable approach.

When we over-specialize, we can introduce weakness. But when we learn from competitors and other industries altogether, we get stronger.

Scientists call it “hybrid vigor.” I call it smart business. 

Here is a breakdown