SLIDE 7

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NOTES - slide #7

Change is difficult

Technologies Consolidated is in the innovation business and has the advantage of being accustomed to and understanding the advantages and difficulties of change. If necessary, the changes proposed can be implemented gradually.

The proposed substantial increase in high risk research will require an increase in the rate of generating valid new high risk concepts and about a 50% increase in the numbers of higher quality research staff.

The reduction in product support projects at the research laboratories from 7 to about 1 will similarly have repercussions which will need to be managed.

It is expected that the increased profits and enhanced stability of the business will provide compensating long term benefits.

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Other presentations: Example 1 | Example 3

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