The whole idea of innovation is that it gives you a competitive breathing space—a period when you have something unique and special that puts you ahead of competitors. In the good old days, a decent innovation could look forward to a year or two of advantage in the marketplace before the competition could catch up. Not so today: you're lucky if you have a couple of months at the most. As a result, many companies are questioning their reliance on innovation as a growth strategy. It's for this reason that an increasing number of leading companies have a new mantra—organic growth. As Jeffrey
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