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Generate Higher Returns from Your Innovation Investments: 3 of 10 Business Articles | March 20 Wholesale Jerseys Cheap , 2009
By introducing innovative new products to market, a company can establish market differentiation.? While a company can establish differentiation, maintaining that differentiation may prove more difficult.



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Here is one of the ten practices that leading innovators use to increase the payback from innovation spending: Creating Sustainable Innovation by Looking beyond the Financial Data.

Creating Sustainable Innovation by Looking beyond the Financial Data

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Much of Parkera??s success can be attributed to the ability of its cross-functional teams to critically evaluate innovation projects at various stages and gates in the development process. Decisions are based on more than financial considerations.

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Another company that is generating much higher than average returns from its investments in innovation is Pall Corporation, a $2 billion supplier of filtration, separation and purification technologies. Recently Wholesale Jerseys , Pall deployed a new product innovation process along with software that both automated the process and enabled ongoing measurement of performance. According to the company, these investments paid for themselves in a little more than a year and have increased the net-present-value of its product portfolio by more than $26 million.

So, what is it that sets these companies apart from those that are not realizing returns on their innovation investments?

For more information on the top practices that leading innovators use to increase their returns on innovation spending Cheap Baseball Jerseys , look for the next article in our ten-part series: Training Your Senior Executives to Successfully Execute Innovation Innitiatives. Article Tags: Generate Higher Returns, Higher Returns From, Generate Higher Cheap MLB Jerseys , Higher Returns, Returns From, Innovation Investments Cheap Jerseys Free Shipping , Market Differentiation, Sustainable Innovation, Product Innovation

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