Author: Daniel snow

When it comes to innovation, established companies face an uncomfortable reality: Breakthrough new business models usually originate in startups. Indeed, at the heart of the innovator’s dilemma is the idea that by continuing to focus on what made your company successful with today’s customers, you may overlook tomorrow’s. “The big question,” says Rory McDonald, “is, How do you continue to get better at what you already do while reinventing yourself for the future?” Part of the answer, McDonald argues, is learning to see the world as a startup does. Related insights McDonald has dedicated his career to exploring innovation-related challenges…

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Cleveland-Cliffs CEO Lourenco Goncalves told CNBC’s Jim Cramer on Monday that domestic auto production will ramp up.”In this country, we have eight finishing facilities ready to go. We are ready for the surge that we’re going to have in automotive,” Goncalves said. “And that’s right now — not in two years, not in three years, not in five years. It’s right now.”Cleveland-Cliffs, which is one of the largest steel producers in the U.S., saw its stock begin to climb two months ago, after President Donald Trump announced he would double tariffs on foreign steel from 25% to 50%. According to…

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