The 8 Pitfalls and Sinkholes of Innovation

The 8 Pitfalls and Sinkholes of Innovation

Innovation can be a minefield, with pitfalls and sinkholes threatening to derail even the most carefully conceived and implemented projects. Among the potential stumbling blocks facing innovators are insufficient insights, resources, and engagement; weak innovation processes; a lack of balance in exploring different types of innovation; and missing enabling structures. However, by working consciously to avoid these common pitfalls, innovators can stay nimble and fill in the gaps to ensure their innovation efforts stay on track.

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More Innovation Resources:

Regularly Communicating Progress New Ideas Employees

Employee engagement is strengthened by providing updates on the progress of their ideas. Sharing feedback, progress, and forecasting can keep employees energized and invested in innovation initiatives.

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The culture of fail fast, fail often in innovation: Effective?

The culture of fail fast, fail often in innovation: Effective?

The fail fast, fail often concept is proven to be effective in innovation, as it helps identify flaws in ideas and improve them to achieve success. Establishing a culture of fearless innovation is key to embracing the potential of failure.

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The Ideanote School of Innovation: Types of Innovation

The Ideanote School of Innovation: Types of Innovation

This article discusses the three types of innovation: evolutionary, revolutionary, and disruptive.

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