INNOVATION
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Title: INNOVATION

Essay Details:

Subject: Business
Author: Billie W
Date: September 12, 2015
Level:
Grade: A
Length: 2 / 475

Essay text:

Within Lockheed Martin Corporation, there are two main drivers for innovation. The first is the customers of Lockheed Martin and the second is profitability. Lockheed Martin focuses on customer service. The core competency for Lockheed Martin is not their ability to manufacture. The main core competency is to integrate. Lockheed specializes in taking products (many of which are commercial-off-the-shelf) and manipulate the capabilities of these products to accomplish tasks that were thought extremely difficult or even impossible. Many times the need for these products is customer driven. A customer will approach Lockheed with an idea and will ask how it will become a reality and what that reality will cost...

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