We are witnessing an acceleration of innovation across the globe, driven by an urgent necessity to adapt to the current environment. Topped by innovations in pharmaceuticals and healthcare, other innovations in logistics, retail and hospitality, and financial services are making their way. New business models, product platforms, and novel ways to engage customers are key areas where companies innovate these days.

The need to build an innovative culture in organizations has never been as pressing as it is now because an organization's culture can make or break digital transformation efforts. Chief executive officers (CEOs) have realized the need to transform company cultures into innovation-driven ones.

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