observing current demands and customer requirements, staying up to date with new technologies.
by making investments in the r&d department, through corporate venturing, by developing an organic organizational structure that encourages top-down communication, etc.
invest more money in research and development.
they should place more importance on marketing research to learn more about consumer preferences, and they should allocate a larger budget to r&d departments (including service companies).
by creating open-minded organizations where everyone's opinion counts, thus enhancing free thinking.
i don't know.
believe and trust in the institutions they collaborate with and always set the highest standards