Tag: costs

In his previous article, Roger La Salle challenged innovation practitioners to examine the rate of return on their innovation investment. Here, he explains how to set a time scale to obtain this return: "If you can have an early win with innovation then you can be sure more budget will be forthcoming and still greater achievements can be obtained." To find the low-hanging fruit (and the lowest risk) for your startup, the best place to begin is with Process Innovation.

How would your business cope with a 20-30 percent drop in turnover? How do business owners deal with the wave of economic uncertainty that's reported on every day in the news, and decide what actions to take to survive and guide their business through (what we all hope will be) the inevitable upturn?

It seems like everyone is scrambling to find ways to cut costs these days. Projects are being put on hold, redundancies are piling up, travel scaled back, etc. And when it comes to technology costs, no organisation is safe. But how do you ensure IT does its part to reduce costs while ensuring you don't compromise security or competitive advantage? There are a number of maturing technologies that are peaking at just the right time to deliver in the downturn.

Look after the cents and the dollars will look after themselves. You might have first heard this axiom on your mother’s knee, but it...