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Innovative Product Launch

Innovative Product Launch

Your company is working on an innovative product, which is expected to be ready for launch in next three months. You have already spent $10mn so far and another $2mn is required to complete this project.
A new development has taken place. Only yesterday, you have come to know that your competitor is ready to launch a similar innovative product by next month. This product is better, packed with good features and is also less expensive than your product.
You need to decide whether to continue with the project and release $2mn budget for this project. What will you do as CEO?
Photo Adaptation : pixabay / illustrations / tag-label-new-red-shop-sticker /1703954
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Demonstrate the soft skills in your resume

In addition to hard and soft skills, we must also exhibit self-management skills e.g. self-motivation, time management and stress management. Being open minded, flexible, adaptable, experimenting and learning from mistakes are the key differentiator for a person's success.

World Economic Forum lists out the top ten soft skills, which employers look for. These are · - Complex Problem Solving · - Critical Thinking · - Creativity · - People Management · - Coordinating with Others · - Emotional Intelligence · - Judgment and Decision Making · - Service Orientation · - Negotiation · - Cognitive Flexibility

As a prospective employee, it is our job to learn and enhance the soft skills continuously as well as demonstrate relevant skills in our resume and during the interview to increase our success rate in the interview process.