The answer is; it depends.  If you have a short-term situation where your business is really in trouble (for example a competitor announces a new product that obsoletes your best seller, or a patent issues that restricts your freedom to practice), then looking at a quick hit to reduce costs is likely a prudent business decision.  When faced with a crisis, then short-term ... [Click to Continue...]

On September 14, I introduced 7 reasons to jump start your innovation, R&D, or product development efforts.  What I am focusing on is new product development, that is getting unmet customer or market needs into new products, commercializing the new products and capturing new revenues with improved profitability.  Another important element of a robust product development ... [Click to Continue...]

Last week I introduced 7 reasons to get your R&D or innovation process (or whatever your company calls it) into high gear   To be clear, what I am talking about in this series is getting new products to the market.  The focus is on increasing top lines sales, improving margins, and enhancing the reputation of your company.  Having a highly productive product development and ... [Click to Continue...]

Many companies have been “sitting on the sidelines” during the recent recession and subsequent slow recovery.  It’s time to “get back in the game” by jump starting your innovation efforts.  In this post we will  outline seven reasons to get your innovation juices flowing again or start to get serious about innovation.  So let’s dive in.   The 7 reasons to jump start ... [Click to Continue...]

To all my loyal blog readers Back next Monday with some thoughts on innovation. ... [Click to Continue...]