These days, stock prices today may be drastically different from those tomorrow. But what doesn't change is change itself. So says the Harvard Business Review. Change, the post says, is here to stay, and companies should be conditioned to keep innovating with such frequent change. So, when it comes to innovation, the post offers three things to keep in mind. Here's one:
Rebalance your innovation portfolio. Take a look at where you are spending your money. Ask how much of it is being spent on finding ways to compete more effectively in current markets. The answer probably exceeds 90%. Evaluate the historical returns you've earned on these investments. If they are low and shrinking, make sure you find ways to increase investment in efforts where you search for and create tomorrow's markets.
To read the full, original article click on this link: The economy rises and falls, but innovation remains the same - Holy Kaw!
