Coherent’s stock has risen 350% since it named Jim Anderson as its CEO in June 2024, taking its market value above $60 billion. In the tech industry, innovation is critical, but it’s often the faster company that wins, not the bigger company. Now, we’ve got to succeed more than fail, obviously, but we’ve got to open the aperture a little bit. One of the easiest examples is called risk production. Risk production is something that the company never used to do.