October 22, 2013 - FILED UNDER Agile Business
Innovation Insights: A Holistic Approach
It’s been shown time and time again — putting a formal innovation management system in place gives companies an edge over competitors who treat innovation like nothing more than a possibility. With over half of companies that practice innovation management stating that they’re typically first to cross the finish line to market, it’s imperative that business leaders understand the value that a repeatable process can provide, and work towards building a solid structure for innovation.
“Somewhere out there is a bullet with your company’s name on it. Somewhere out there is a competitor, unborn and unknown, that will render your strategy obsolete. You can’t dodge the bullet – you’re going to have to shoot first. You’re going to have to out-innovate the innovators.”
— Gary Hamel, author and founder of Strategos