Innovation Excellence | From Creativity to Profitability - Innovation Excellence (blog)
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Thoughts from +ADD Strategy
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It sounds intuitive that creativity and innovation are important to company success, but when the corporate world focuses so intensely on the “bottom line”, is there a real impact of creativity on company profitability that would justify a shift of…
paul sutherland ’s insight:
Despite the percieved risk, cost and disruption; research shows innovative companies that drop products as margins decline in favour of new products are consistently making better sustained profits. Apple generates more than 60% of its revenue from products that did not exist 4 years ago!
“Those who live by the sword… … are SHOT by those who don’t” (Gary Hamel of Strategos)
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