Determine the figures which would be circulated to the management of AMT plc in order to assist their investment analysis.

Amt plc is increasing the level of automation of a production…

Depending on the organization’s goals and needs, each of these different methods can work for them. If we want to find a value-creation method that can be applied by as many organizations as possible, then open innovation would probably work. By leveraging creative ideas from customers, suppliers or competitors, open innovation fosters creativity. It also encourages cooperation both internal and externally. This helps to accelerate product development and create an atmosphere of collaboration. Open innovation allows businesses to make better use of their resources as they do not have to rely solely on internal abilities. Instead, they can rely on outside expertise and technology. Open innovation is able to produce higher returns over the long-term due to its ability to foster creativity by allowing everyone to have access to different ideas. This can lead to greater impactful innovations for all parties.

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