DAY3 - Business reinvention

The discussion revolves around the imperative for large organizations to embrace innovation and adapt to the rapidly changing business landscape. Panelists emphasize the need for cultural change, agility, and a focus on talent development to foster innovation. They highlight the impact of disruptive technologies and the need for organizations to create an environment conducive to innovation. The conversation also touches on the challenges faced by large corporations in adapting to technological advancements and the evolving demands of consumers. The panelists stress the importance of communication, collaboration, and the role of CEOs as change agents in driving innovation. Additionally, the discussion delves into the changing nature of manufacturing and the need for organizations to redefine manufacturing processes to stay competitive. Overall, the conversation underscores the critical role of leadership, talent development, and organizational culture in fostering innovation within large companies.