Innovate or perish
By Srinath Sridharan
Why do large conglomerates fail after few decades of existence? Why do successive generational family-business owners struggle to be industry-relevant?
Why do startups that come from nowhere with nothing overtake established giants?
Why does innovation or growth capital not chase every industrialist, team, or platform?
Poverty of ideas! In the business world, it refers to a lack of creativity or innovation.
When businesses suffer from this condition, they tend to stagnate, lose market share, and eventually fail.
In a world of corporate resources of networks, human, financial, the least attention is generally towards ideas.
ByFinancialexpress
