How can companies strike a balance between pushing the boundaries of innovation and staying true to their core values and brand identity in a rapidly evolving market landscape?
Companies can strike a balance between pushing innovation and staying true to their core values by establishing clear guidelines for innovation that align with their brand identity. They should involve key stakeholders in the decision-making process to ensure that new ideas are in line with the company's values. Regularly revisiting and updating the brand identity can also help companies adapt to market changes while maintaining consistency. Additionally, fostering a culture of innovation that encourages employees to think creatively while keeping the company's values in mind can help strike a balance between innovation and brand identity.
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