Innovation Strategy 1. Why are some organizations that are good at innovations do not seem to be…

Innovation Strategy

1. Why are some organizations that are good at innovations do not seem to be enjoying the fruits of their innovation?

2. How can organizations balance their innovation strategy between high risk (high return) and low-risk?

provide link to an online article, video, or website which illustrates or discusses a topic relevant ………………………………Answer Preview……………………………….Many innovative firms are unable to enjoy the fruits of their innovations due to various conditions. One of these conditions is the failure by these firms to communicate their innovations to the markets effectively. Innovations alone cannot drive companies’ revenues. The consumers must be aware of the new products or services to purchase them. However, some innovative companies are unable to stay tuned to the demands of the global market, thus failing to know the ideal communication tools to use to communicate their innovations……………………………………APA355 Words Added to cart

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