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Sunday, December 18
by
Richard A D Jones
on December 18, 2005 10:04PM (GMT)
Companies can be outstanding at generating new ideas – I mean really world-class and yet they struggle. The simple reason is they don’t have the resources to exploit them. I’m not talking about the resources not existing in the company, I am talking about them just not being available.
If the resources are being used for something useful then is that okay? Well only if it is more valuable to the business than the project it is delaying. If not, then your resource prioritisation across the portfolio of projects better be good.
However, the more frustrating problem for companies relates to when their resources are ‘lost’ to the business either still working on bad projects or doing ‘after sales’ on previous projects.
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Welcome to this blog about innovation, managing product development and creating successful corporate ventures and startups. Enjoy your stay!
Richard A D Jones. About me
My life is developing innovative ideas through to successful corporate or standalone ventures (including taking one to Nasdaq (post-acquisition).
I have helped create products in telecoms, healthcare, computing, electronics as well as software and in use with companies such as Universal Studios, BT and the BBC... more Links
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Copyright 2005 by Richard A D Jones
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