Revolutionize Your Innovation Strategy with Cash Curve Management!
The article "Payback: Reaping the Rewards of Innovation" introduces a new way to manage innovation for better success. The authors suggest using a cash curve to track investment over time and ask important questions about how to invest in new products or services. They provide advice on when to focus on benefits like brand and knowledge before cash flow. Different business models can help balance risk and reward. By making key decisions and activities yourself, you can achieve a high return on innovation.