Aerospace and industrial giant United Technologies depends on innovation to meet the demanding needs of its corporate and government customers. To ensure a steady pipeline of profitable new ideas, the company created United Technologies Advanced Projects (UTAP), a startup-like organization that builds and pilots products and services with the potential to positively disrupt the company’s various business units.
“Innovation hubs of all sizes and scope are truly accelerating innovation by enabling organizations to move with speed … and embrace a culture of collaboration and agility,” says Jason Chua, UTAP’s executive director. “These groups help a company to think differently and approach customer challenges through a new lens.”
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(Insider Story)
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Source: News