Tip: 10 Red Flags for Innovation

Tip: 10 Red Flags for Innovation

Interesting statement for discussion in Business Week:
"There's no surefire way to guarantee success in innovation".
Stefan Lindegaard offers 10 helpful suggestions or common pitfalls to avoid." Very recognizable I think:
• The lack of an innovation strategy
• No definition of innovation
• Too much focus on internal capabilities
• Too much focus on open innovation
• Internal silos are too firmly ingrained
• Too much focus on ideas and too little focus on people
• Lack of a strong networking culture
• Innovation efforts focus on technology or products
• It's all about the usual suspects
• Executives and innovation leaders underestimate the speed of change
The article also includes a link to a "ten types of innovation" framework I never saw before.

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