Harvard Business Review

MARCH 21, 2013

Or perhaps it is difficult to really tell how well a company's innovation engine is functioning — so magazine editors are susceptible to the latest hot product or service. Financial leverage (assets over equity). Perhaps a company's ability to innovate doesn't last long. Operating efficiency (sales over assets).

Innovation 15

Innovation Company Disaggregation Financial Leverage 15

Harvard Business Review

MAY 1, 2017

And the average long-term ROE is more than 25%, reflecting improved efficiency combined with greater reliance on financial leverage at most companies. 3M, for example, has long allowed engineers to devote 15% of their time to skunkworks projects, without supervisor approval.)

ROE 14

ROE Long-term GDP Six Sigma 14

Harvard Business Review

MARCH 21, 2013

Or perhaps it is difficult to really tell how well a company's innovation engine is functioning — so magazine editors are susceptible to the latest hot product or service. Financial leverage (assets over equity). Perhaps a company's ability to innovate doesn't last long. Operating efficiency (sales over assets).

Innovation 8

Innovation Company Disaggregation Financial Leverage 8