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Findings from recent researches carried out by Accenture, a global management consulting, technology services and outsourcing company, said Innovation is a top priority for companies seeking to grow in aftermath of the economic downturn, but flaws in managing innovation may hinder their progress”.

Additionally, nearly nine out of 10 respondents (89 percent) said that innovation is as important, if not more important, than cost reduction to their company’s ability to achieve future growth.

 

Management shortcomings hinders innovation, Accenture research