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    New Blog Address: management.curiouscatblog.net

    Tuesday, January 17, 2006

    Effective Innovation

    Overcoming the barriers to effective innovation (pdf format) by Pierre Loewe and Jennifer Dominiquini

    The top six obstacles to innovation identified by respondents were consistent across industries:

    1. Short-term focus.
    2. Lack of time, resources or staff.
    3. Leadership expects payoff sooner than is realistic.
    4. Management incentives are not structured to reward innovation.
    5. Lack of a systematic innovation process.
    6. Belief that innovation is inherently risky.

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