Navigating Innovation During Turbulence
To thrive during an economic turbulence, companies must change their innovation strategy. Budgets must be cut while continuing to invest in innovation. The key is having a balance and making strategic shifts. This approach can help companies emerge as leaders.
Chasing Unicorns Over a Cliff: The Hidden Costs of Pursuing Breakthrough Innovation
Despite steady growth, this company’s founder was dissatisfied—not with the company’s success, but with the methods behind it. Captivated by the glamor and allure of breakthrough innovation, they redirected resources towards disruptive ideas they thought would capture headlines and venture capital.
Money Can Be the Fastest Way to Zero
Cash is king—or so the adage goes. But for many leaders, an influx of capital doesn’t improve their company, rather it accelerates their demise.
Why Leaders Hesitate: Overcoming Inaction
Leaders are constantly faced with the need to initiate change from addressing small daily issues to capturing major strategic opportunities. They know the consequences of failing to make changes eventually compound – creating bigger problems down the road. Yet, many leaders will go to great lengths to avoid changing how things have been done before – the status quo.