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4: Short-Term Profit Vs. Long-Term Growth w/ Prith Banerjee
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Even with a field as inherently innovative as IoT, it’s tempting to live in the short-term and assume that long-term business growth will take care of itself.
But, of course, it doesn’t work that way.
To really capitalize on innovations to achieve growth, your business strategy requires merging the short-time agile nature of a start up with the long-term view of something like academia.
In this episode of Internet of X, Prith Banerjee, Executive VP and CTO at Schneider Electric, talks about how he is working to implement McKinsey’s three horizons of growth in conjunction with the Internet of Things to promote innovative growth.
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