Monday, February 23, 2009

INNOVATION

An established company which in an age demanding innovation is not capable of innovation is doomed to decline and extinction. And a management which in such a period does not know how to manage innovation is incompetent and unequal to its task. Managing innovation will increasingly become especially top management, and a touchstone of its competence. PETER DRUCKER.

'There are costs and risks to a programme of action. But they are far less than the long-range risks and costs of comfortable inaction.’ John F Kennedy.



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