No innovation means there is no bright future here. Why is the company failing when it comes to innovation, I don't quite understand? Is it not important to them? Is innovation too much of a risk for them? I don't know, I just know that the situation here is getting worse every day and that it's better to leave as soon as possible.
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The cost of innovation is similar to the cost of acquisition; with the latter, the business is at least starting with an actual product. True innovators operate at a 95% failure rate. Anyone who wants to be considered an innovator should consider a 40 year career as a grad student.
My thought is it's too much risk. I too have wondered the same thing for several years. I mean, we are all about sustainability at this point. Plus, we will just buy a product or company now we don't have to innovate to do that. So it is sad, but that's globalization for you. The true innovators are quickly bought out because that's the only option. This company is a powerhouse without competition.