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Five ways to make your innovation initiatives successful

innovation-efforts

When innovation initiatives succeed, leaders immediately want more. While this is encouraging for innovation teams, it presents them with the dual challenge of scalability and funding.

Writing for Strategy+Business, Robert C. Wolcott and Jørn Bang Andersen explain how they have spent a decade exploring innovation initiatives across various industries, witnessing promising examples falter because of one or both of these obstacles.

However, they are confident they have discovered five reliable ways to overcome the challenges.

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Credits:
Source Article: Scale Your Innovation Initiatives
Author(s): Robert C. Wolcott and Jørn Bang Andersen
Publisher: Strategy+Business