Managing Costs to Achieve Efficiencies Is a “Production” Mindset…and is Only a “Band-aid” Short-term Solution
I was reading a very well written article by Kirk Hope (CEO of BusinessNZ) this afternoon, in which he highlighted innovation as being the underlying ingredient that enabled Team NZ to secure the Americas’ Cup this time around. I wholeheartedly agree. He also commented on how little N.Z. companies are devoting to Research & Development – only half a percent of GDP, compared to 3 % of GDP in the case of many other developed countries. Wow – what a…