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Essay Details:
Essay text:
In fact, a byproduct of the
focus on quality and operational excellence is that companies tend to avoid
uncertain situations and resist market experimentation. However, such approaches are
counterproductive for any project that has the potential to produce real breakthrough innovations,
1 which, by definition, are fraught with a high degree of uncertainty. Indeed,
when asked about how they managed breakthrough innovation projects, respondents from
a variety of industries expressed difficulty articulating and defining the uncertainties that
confronted them and the approaches they could use to attack those uncertainties...
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