Eight Things Winning Innovation Teams Do Differently

Eight Things Winning Innovation Teams Do Differently

Innovation Leader has launched Benchmarking Innovation Impact 2018, a report based on input from 270 executives who analyzed several innovation programs delivering tangible results. The report reveals several traits shared by successful innovation programs, such as spending more time on transformational innovation, putting the right people on the innovation bus, creating effective incentives for innovation, allocating resources, making innovation a part of the organizational DNA, and avoiding politics and turf wars. Successful innovation programs also get funded from multiple sources, bring investment groups into the mix, and are aligned with the organization's overall strategy.