Prune Prudently: Evaluate In-Process Innovations and Existing Businesses to Manage Resources in Tough Times
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- Synopsis
- When times get tough, one of the first things we all think about is what we can do without. The same goes for companies--they must say no to some things to conserve resources and ensure that remaining resources are focused on the right things. But what specifically should companies say no to? Companies looking to shut down some innovation efforts have to evaluate two different portfolios: their portfolio of in-process innovation efforts and their portfolio of existing businesses. This chapter shows you how to prune these portfolios prudently to ensure that resources flow to the right innovation efforts and to identify existing businesses that can be safely shed. This chapter was originally published as chapter 2 of "The Silver Lining: An Innovation Playbook for Uncertain Times."
- Copyright:
- 2009
Book Details
- Book Quality:
- Publisher Quality
- Publisher:
- Harvard Business Publishing
- Date of Addition:
- 08/02/16
- Copyrighted By:
- HBS Press
- Adult content:
- No
- Language:
- English
- Has Image Descriptions:
- No
- Categories:
- Nonfiction, Business and Finance
- Submitted By:
- Bookshare Staff
- Usage Restrictions:
- This is a copyrighted book.