10 Worst Innovation Mistakes In A Recession.

We are probably already in a recession (or very close to it) and, in the past, CEOs made serious mistakes in trying to cope with a slowing economy. Here is a list of What Not To Do. All of them hurt innovation. Unless you really want to compete on price (remember, last week India launched its $2,500 Nano car), the ability to do sustained innovation is the one competitive edge left. Innovation is the driver of performance, growth and stock market valuation.

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