Innovation Should Be Seen as a Tactic, Not a Business Strategy


Innovation is not a strategy, and companies that depend on a constant flow of new, innovative products will someday find themselves in deep trouble, as Sharper Image has. Every successful company needs a branding strategy, which may or may not include innovation. Yet many marketing gurus have elevated "innovation" to a point where it is widely perceived as the single-most-important function of a corporation.

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