Business Quote by Ginni Rometty
“For CEOs today, it's all about acheieving growth and efficiency through innovation. It's not about product innovation so much anymore as about innovating business models. process, culture and management.”
About This Quote
Source Speech: Fortune 500 Conference, 2018
Growth now comes from innovating business models, not just products
In simple terms: Business model innovation drives modern growth
Focus on systemic innovation for efficiency
Themes
Mood
Type
When to use this quote
- corporate strategy
- product development
- leadership
Key Concepts
Questions to Reflect On
- How can firms foster model innovation?
- What risks accompany cultural change?
Innovation can be costly and risky