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seven deadly sins of the innovator

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Read the full article on Business Week, October 20, however the seven deadly sins goes on like this

1. Lust: Innovating in a space you have no business being in.

2. Gluttony: Trying to create too many initiatives with too few resources

3. Greed: Taking short-term profits at the expense of long-term growth.

4. Sloth: Taking short cuts—not doing the hard work, not following the proven process.

5. Wrath: Being so focused on your competition that you miss the same opportunities your rivals are missing.

6. Envy: In the context of innovation, envy means launching a “me too” product instead of finding a space you can own

7. Pride: You won’t give up on your favorite idea—even when the numbers prove you’re wrong.

http://tinyurl.com/yl67cre

 

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