I was watching Shark Tank the other day. (Yes, I totally admit to watching pure entertainment TV.) And there they were: the seemingly brutal assessments of the various start-up ideas by the investors: “The idea is great but you don’t seem committed enough. I’m out.”
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Immensely successful companies are constantly embracing innovation, testing new boundaries and experimenting with new product development. Large enterprises, such as GE, have built and acquired dozens of new divisions spanning multiple industries.
Approximately 543,000 new businesses open in the U.S. per month. At some point, these companies will, in all likelihood, reach out to a consulting firm to help them get started, move to the next level or maneuver through crisis.