Have you ever wondered why large companies often struggle to explore new business models and innovate while still exploiting their current business model?

Well, It's not an easy task! There are a lot of factors that contribute to this difficulty. In this episode of Innovation Factory, I take a look at why it is so important for leaders to be able to both look back and consider the products and processes made in the past, while also looking ahead and preparing for the innovations that will shape the future. I also talk about how companies like Kodak that don't adapt to the ever-changing world can quickly become outdated and how having the right balance between exploration and exploitation can be the key to staying ahead of the competition.

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