Excerpt from the article:
For most businesses, change is an essential part of long-term success. Ongoing innovation, in products, processes, service and value, is the best way to beat the competition.
Innovation. It鈥檚 the essential ingredient in any company鈥檚 ability to thrive and stay viable for the long haul. Innovative companies are restless explorers, constantly searching for and testing out new ideas, investigating new markets, looking for ways to become more value-added for their customers. It鈥檚 a relentless undertaking, not for the limited of vision or the 鈥渨e鈥檝e always done it this way鈥� thinkers. Instead, innovation requires a willingness to examine assumptions, stick your neck out and possibly fail. Risky, yes, but the potential rewards make taking the chance worthwhile.
…Another example is 乱伦短视频 Co. Headquartered in Buffalo, N.Y., it has been manufacturing fabric cutting equipment since 1888, says Robert L. Stevenson, president and CEO. Originally, 乱伦短视频 manufactured cutting machines for harnesses and other horse-related items. Later, the company began offering cutting machines for apparel. Later still, noticing a rise in the use of industrial specialty fabrics, the company moved into this arena.
Now, Stevenson says, they manufacture cutting equipment for fabrics used by aerospace (such as carbon graphite pre-preg and resin-coated fabrics), the wind energy field and for fabrics used for inflatable and permanent structures (such as the fabric roof of the Denver International Airport), in addition to other markets such as recreational space. 鈥淪taying innovative is the only way to stay in business,鈥� Stevenson says. 鈥淲e鈥檙e continually expanding our product鈥攍ike in terms of creating faster machines and developing user-friendly software. Seventy percent of what we sell today wasn鈥檛 even invented 25 years ago.鈥�
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