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Sometimes Cutting R&D Spending Can Yield More Innovation

Harvard Business Review

The chart may appear to show merely that Cisco’s patent filings lagged its R&D spending by three years, but in fact the decline in spending and the rise in patents were part and parcel of a deliberate strategic shift by the company in 2001. So what was going on?

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Rising Sea Levels Won’t Doom U.S. Coastal Cities

Harvard Business Review

Many of the nation’s most beautiful and productive cities — New York, Seattle, San Francisco, and others — abut the Atlantic and Pacific oceans. Companies such as Coastal Risk Consulting are developing flood risk statistical models at the parcel level. What will this adaptation look like? economy be crippled?

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What to Do When Your Future Strategy Clashes with Your Present

Harvard Business Review

After all, diverting investments away from core hospital budgets might be unpopular across an organization that is the largest private employer in the region. That could involve targeting new geographies, developing new products, taking advantage of new technologies, or devising new business models. The investment portfolio.