Sometimes products and markets that seemingly have noting in common "taxonomically" can have "thematic similarity," which may open up important business opportunities.
How can large companies take advantage of the knowledge that is dispersed in various parts of their organizations? In an interview with MIT SMR, K. Ananth Krishnan, the CTO of Tata Consultancy Services, describes how he learns from his organization's collective intelligence.
Generating good innovation proposals from within the ranks of the organization is only the beginning. The more difficult part is creating a selection process that identifies which ideas to implement.