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7 Strategies for Sustained Innovation
The need for constant reinvention is a given in today’s business environment. And while a breakthrough product or concept can catapult an organization ahead of its competitors, in these fast-paced times, that advantage is often short-lived. While...
Innovation Management – Isolating problems and implementing solutions
The five stages above are separate and distinct, yet there is sometimes a feeling that there is more of an overlap than in fact there is:
Creativity can be defined as problem identification and idea generation whilst innovation can be...
Make the Most of Your Mentoring Relationships
Mentoring is one of the best ways to learn, to get feedback, and to take your career to the next level. Here are ten tips for making the most of your mentoring relationships.
Tip #1
Self-assess. Ask yourself, "What skills do I need to...
Starting Your Business: 3 Tips for Bootstrapping Your Way to the Top
Bootstrapping a business startup does not necessarily mean that you are unable to find traditional sources of capital. It may mean that you are clever, or that you know a bargain when you see it, or that you are the type of person who derives a...
Teaching Large Companies To Think Like The Little Guys
Q: I am an executive at a large company and in our industry we are seeing a trend wherein smaller companies are gaining market share at an alarming rate. Our CEO believes the reason for this is that smaller companies are more prone to innovation and...
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How to invest wisely in a timepiece
I 'm sure you have all heard of record breaking prices of
vintage watches at auctions and are considering making an
investment in watches. The phenomenal success of quartz watches
in the seventies and eighties drove up values of old mechanical
watches as they became rarer.
It is this enthusiasm for mechanical watches that has spur
manufacturers to come up with new innovation in mechanical
watches.
So how do you choose a mechanical watch that will not only hold
its value but also rise in value?
Buy a brand which is reputable and has a long history of
preferably at least a century old.
Check with auction sites and used watch dealers and find out
the value of a 5 year model. Is it worth any value? How about
older ones? Are they worth more than the new models? If yes,
then this brand may have good investment potential. Omega
watches , Corum
watches, Concord
watches and IWC
watches are brands which have models that appreciate in
value in time.Whether a time piece appreciates in value depend
on the simple law of economics. The rarer it is the more highly
prized it is. That's why rarity is so important. A reputable
manufacturer can issue a special edition with only a limited
number of watches available, preferably of less than 100.
Going deeper into this issue there may be many different brands
but they may buy the watch movement supplied by one main
supplier which means in essence they are basically the same
watch.
For a watch to
be unique , the watchmaker should design and
manufacture most of the different parts rather than simply
source components from another supplier.
The watch should be of high quality. It should have a quality
movement.
Look at the case finish and design too. Check out the
innovation in the watch.
Collectors are also interested in complications such as
Perpetual Calendar, tourbillon, moon phases, power reserve
indicator and day and night indicator. These are extra features
besides the standard time telling. Perpetual calender accurately
keeps track of the day, date, month and year. You do not have to
worry whether the date is correct and set the correct date.
Tourbillon is one of the most complicated components in watches
which minimizes timekeeping errors caused by gravity.
The appreciation in value in mechanical watches is not as quick
as other forms of investment. You should treat it as a long term
investment. A investor wouldn't buy a watch today and sell it
off the next day.
Potential watch investor should also know that value of a watch
is dependent on the amount a buyer is willing to buy. In other
words, a watch is worth only as much as a buyer is willing to
pay for it.
Therefore it is very important that you like the watch and has
emotional and sentimental value to you.
Lastly, you have to take good care of your watch and maintain
it too . Remember to keep all the papers and documents too.
About the author:
You can buy watches as
investments. You can get the best prices on watches at http://www.cheapestsa
le.com/watches/
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| DTI - Welcome to the DTI's Innovation Home Page |
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| en.wikipedia.org |
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| The Innovation Weblog - Valuable trends, resources and viewpoints in innovation, creativity and brainstorming from Chuck Frey at InnovationTools. |
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| cordis.europa.eu |
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| cordis.europa.eu |
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| del.icio.us |
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| innovation |
| Publication highlighting the research activities of NUS. The site provides snippets of selected articles online, and provides a subscription form online. |
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| Canadian Innovation Centre |
| Services includes invention evaluation, technology due diligence, market research, and education programs. |
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| London INNOVATION :: Home |
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| Eric Von Hippel's Homepage |
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| Intel Innovation in Education |
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