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You and your fellow executives are debating the advantages and disadvantages of investing heavily into growing your business. What are some of these advantages and disadvantages for growing? Are there particular issues you should consider when growing? These discussions have included the potential creation of a separate “innovation unit” that focuses entirely on new innovations. What three factors and best practices should you take into consideration to get the most out of such a unit? Showing how the “big picture” decisions affect more “day to day” practices is key here.
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