How do you support your existing business and brands, while embracing the dynamics of change?
How do you keep growing and cash flowing, while investing in new opportunities for growth?
It's tricky, but essential.
Steve Jobs once remarked, "Innovation distinguishes between a leader and a follower."
Unfortunately, that's not true any longer.
Today innovation distinguishes a survivor.
If you haven't been watching, followers eventually become road kill in this fast-moving marketplace.
Don't delude yourself by imagining that your category is different.
Or that you have more time.
And don't think for a minute that you can hold on to it all.
For as Thoreau made clear, "You never gain something but that you lose something."