 | From the Editor's Desk
Managing Your Innovation Portfolio For many companies, innovation is a sprawling collection of initiatives, energetic but uncoordinated, and managed with vacillating strategies. For steady, above-average returns, firms need a balanced innovation portfolio and the ability to approach it as an integrated whole.
Having studied companies in the industrial, technology, and consumer goods sectors, the authors found a striking pattern: Outperforming firms typically allocate about 70% of their innovation resources to core offerings, 20% to adjacent efforts, and 10% to transformational initiatives. As it happens, returns from innovation investments tend to follow an inverse ratio, with 70% coming from the transformational realm.
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WorkWorth Visiting On France's Cote D'Azur: Mougins And Cap D'Antibes Both hotels have very busy beach clubs across the street; seven miles east in Cap d'Antibes, another just-renovated hotel has a more private, more relaxed feel. The Cap d'Antibes Beach Hotel has a private beach for its 35 rooms lined with pink umbrellas and rooms reimagined by designer Bernard Dubois as refuges with stone floors, raw wood, curved furniture, bathrooms lined in pink marble and views over the sea. But there is still energy emanating from the restaurant Baba with a pulsing soundtrack and Middle Eastern menu for lunch and dinner next to the beach. It's a calmer scene a floor up at Les Pêcheurs where the menu is largely determined by the seafood caught by the two fishermen who dock next to the hotel, particularly "our friend Tony" who seems to specialize in red mullet and scorpion fish, among others. The elevated menu also lists the specific producers for every item, including the land based choices. But look out for Tony's contributions and order whatever he's brought in that day.
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WorkWork WorkWork WorkTerence Crawford Knocks Out Errol Spence in One-Sided Bout   And the event drew especially deep interest in each fighter’s hometown, prompting the mayor of Dallas, Eric Johnson, and Omaha Mayor Jean Stothert to make a friendly side bet. If Crawford won, Johnson promised to send Stothert a Texas-style belt buckle, and if Spence won, Stothert pledged to send Johnson a package of Omaha Steaks. Work WorkNigel Farage launching new website to help people denied accounts by banks  The review is also set to find out if Farage is an outlier or a sign of a wider issue at Coutts, checking all accounts closed at the private bank over the past 24 months. It will follow a similar approach as the Farage-specific investigation, looking at questions of how, why and what was said to all other customers whose accounts were shut down. Work WorkWork WorkThe Mets Trade a Star and Embrace the Future  Tyler Kepner has been national baseball writer since 2010. He joined The Times in 2000 and covered the Mets for two seasons, then covered the Yankees from 2002 to 2009. More about Tyler Kepner WorkBristol's low-traffic scheme stalls as row over Ulez spreads from London  "With all the news that we now see every day about the impact of climate change around the world, and the effect of polluted air on health, this should be the time to accelerate plans to encourage more walking, cycling and the use of public transport," said a spokesperson for the Bristol Cycling Campaign, which is supporting the trials. "Rolling out and enabling livable neighbourhoods is essential to make our air cleaner." WorkTransfer Talk: Liverpool a surprise loan option for Mbappe  - Luis Suarez could be reunited with Lionel Messi at Inter Miami CF after the Uruguay legend striker agreed to terminate his contract at Gremio a year early, according to Marca. Suarez has agreed to stay in Brazil until the end of their domestic season in December on the condition that he ends his contract sooner than the original expiration at the end of 2024. Suarez joined Gremio in January 2023 to much fanfare, and he has been one of the league\'s top scorers, netting 16 times and adding nine assists. However, he is keen to rejoin Messi in MLS, and Gremio have agreed to let him go now that he will see out the remainder of the campaign. |
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