- Summary
- Contents
- Subject index
Innovation Management: Strategies, Concepts and Tools for Growth and Profit combines the extensive knowledge and international experience of authors Shlomo Maital and D. V. R. Seshadri. The book aims to teach readers in a systematic way how to effectively build winning business strategies and help companies achieve sustained growth and profit through innovation. Written in a focused and interesting manner, the authors believe that the three key reasons to innovate are to: energize people; build growth and profit; and survive.
Chapter 7: Trade-Offs: Optimizing and Eliminating Them
Trade-Offs: Optimizing and Eliminating Them
Trade-offs: Optimizing and eliminating them
People face trade-offs.… Life is full of trade-offs.
—Gregory Mankiw, Principles of Economics1
There is no gain without pain.
—Presidential candidate Adlai Stevenson, and legendary
American football coach Vince Lombardi
There is no pain without gain.
—Anonymous dentist
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