I
nnovation is in these days. The word is on the lips of just about every CEO, CFO, CIO, and anyone else with a three-letter acronym after their name.
As a result, many organizations are launching all kinds of "innovation initiatives" -- hoping to stir the soup. This is understandable. But it is also, far too often, very disappointing.
Innovation initiatives sound good, but usually don't live up to the expectations. The reasons are many.
What follows are 56 of the most common ones -- organizational obstacles we've observed in the past 25 years that get in the way of a company really raising the bar for innovation.
56 Reasons Why Most Corporate Innovation Efforts Fail
1. Innovation framed as an initiative, not the normal way of doing business
2. Absence of a clear definition of what "innovation" really means
3. Innovation not linked to company's existing vision or strategy
4. No sense of urgency
5. Workforce is suffering from "initiative fatigue"
To read the full, original article click on this link: The Heart of Innovation: 56 Reasons Why Most Corporate Innovation Initiatives Fail
