MANAGING in the

NEW WORLD

Sourcehttp://knowledge.wharton.upenn.edu/article/audio-giant-harman-broke-silos-spark-innovation/

It is extremely difficult at the initial stage to determine which startup will actually do well. Even most professional analysts who do this for a living, fail ninety percent times. Their financial soundness derives from the fact that the one winner they picked to back, produced results so much above the investment. A common measure these people err is to evaluate on ideas and the market rather than the people. Business research conducted by the International Journal of Innovation Science confirms that it is possible to measure innovation levels. In fact the numbers are usually correct in their evaluation. Very few will give results like Apple, Google or Microsoft but picking the right candidate during funding interviews can enhance profit margins by a whopping thirty four times, revenues by an even great seventy times and jobs a healthy ten times.

Sourcehttp://www.innovationexcellence.com/blog/2016/07/06/climbing-innovation%E2%80%99s-value-creation-curve/

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