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Monday, October 28, 2013

Are you sabotaging your innovation efforts

Written by Josh Urich

If you or your company is attempting to innovate, beware because you may be harming your own goals. Here is one of the ways you may be hurting yourself:

Initiative overload: It's easy for organizations to bite off more than they can chew — especially if they don't realize exactly what type of dish innovation is. When attempting innovation for the first time, they simply treat it as another initiative to manage. But innovation is a direct response to the strategy of an organization; if a company has no strategy, it has no basis for saying "no" to anything in the enterprise. Innovation is then easily shoved aside. Instead, innovation should be an ongoing operational focus.


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There are a few more, but there are also solutions. Here's one:

Starting with strategy: It's important that an organization makes clear choices about how innovation fits within its strategy. Otherwise, resource constraints can become points of contention, which lead to thinly spread resources and disillusioned employees. Know where you are going. Be clear about your priorities and manage them over time. For example, when Larry Page took over as Google's CEO, he ruthlessly reprioritized the strategic projects of the company.


Source:
http://holykaw.alltop.com/are-you-sabotaging-your-innovation-efforts?tu2=1

http://innovationova.blogspot.com

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