Friday, October 08, 2004

Innovations

Never is execution more important than when innovation is at the heart of a strategy. That is because innovation always involves treading into uncertain waters. And as uncertainty rises, the value of a well-thought-out strategy drops. In fact, when pursuing entirely new business models, no amount of research can resolve the critical unknowns. All that strategy can do is give you a plausible starting point. From there, you must experiment, learn, and adapt.
A good point .. cutting edge means , throw yourself over the cliff and hang in there !!!
/pd

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