Many companies neglect their present and past performances as they put more focus on innovating new ways of doing their businesses. They pay more attention to the success of the company in the future fearing that they may lag behind given the rapid changes in their areas of operation. These innovative way lead to inertia as the company fails to follow a consistent trend for growth. Such companies fail to follow the three horizon of business growth (Hamel & Prahalad, 1994, p.24). According to 3 horizon model, a business should grow in all three horizons, namely core business horizon, emerging Continue reading...