Midsized Firms Can’t Afford Bad Bets
Harvard Business Review
APRIL 18, 2014
Unlike a Fortune 500 company that can spend tens of millions of dollars on external consultants to help implement such a system, this company was stingy with its IT dollars. However, cash flow from operations had shifted from positive to negative, the company’s cash pile was dwindling, and the new product would demand R&D investment.
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