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An activist shareholder attending the annual meeting of shareholders stands and states, Why are you concentrating on such long-term projects? I believe that you should
An activist shareholder attending the annual meeting of shareholders stands and states, "Why are you concentrating on such long-term projects? I believe that you should be pursuing only innovation projects that are 12 months or less." Since you are the Chief Innovation Strategist, what would be your most likely response? A. We are using innovation accelerators, which, although seem to be faster, actually are slower due to the special challenges of collaboration and coordination. B. We are pursuing long term innovation projects because the research indicates that longer term projects are less risky than shorter term projects. C. We are pursuing high risk and high return projects and they generally require protracted development and testing. D. Innovation is essential to the survival of the organization and therefore, we are pursuing both near- and long-term innovations
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