Explain how the death of distance, the homogenization of time, or irrelevance of location could change the way that company, industry, or process could create innovation and help customers adapt to that innovation.

Business & Finance| Business & Finance homework help

It is already a major factor in how businesses, industries, or processes can create innovation. In today’s digital world in which work can be done anywhere with an internet connection – there is much more potential for collaboration between teams regardless of their physical locations. It has allowed organizations to look beyond traditional borders when creating solutions.

Companies can also develop their products faster by not waiting for employees from other departments and locations to meet up physically to exchange ideas.

Customers also benefit because they can access these products faster than ever before.

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