You need an innovation strategy to be successful

Despite massive investments of management time and money, innovation remains a frustrating pursuit in many companies. Innovation initiatives frequently fail, and successful innovators have a hard time sustaining their performance—as Polaroid, Nokia, Sun Microsystems, Yahoo, Hewlett-Packard, and countless others have found. Why is it so hard to build and maintain the capacity to innovate? The reasons go much deeper than the commonly cited cause: a failure to execute. The problem with innovation improvement efforts is rooted in the lack of an innovation strategy.

More Innovation Resources:

4 Tips For Enhancing Remote Brainstorms

4 Tips For Enhancing Remote Brainstorms

Working remotely comes with logistical challenges for nearly every aspect of the innovation process.

Innovation in the collective brain

Innovation in the collective brain

Innovation is often assumed to be the work of a talented few, whose products are passed on to the masses. Here, we argue differently...

3 Practices That Will Help Drive Innovation in Your Organization

3 Practices That Will Help Drive Innovation in Your Organization

3 practices to drive innovation - To make innovation more than a buzzword, learn the leadership practices that support it and how to drive innovation in your organization.