![]() Cost savings: Innovation can help companies reduce costs by streamlining processes, improving efficiency, and using new technologies.By creating unique products, services, or business models, a company can differentiate itself from its competitors and create a distinct brand identity. Differentiation: Innovation can help a company stand out in a crowded market.Innovative leaders can identify emerging trends and technologies and develop products and services that meet the evolving needs of their customers. ![]() ![]()
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