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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