Road Blocks To Innovation
Every business must manage different types of obstacles to continue growing. An important activity that drives business growth is developing innovative ideas. However, innovation “road blocks” can stop even the most promising business venture. During the past 20 years, I have seen many companies fail to identify and apply innovations capable of significantly improving the bottom line. It’s disappointing to see the collapse of an organization with huge potential, especially when a failure to innovate likely contributed to the breakdown.
Increase the success of your own business by learning to identify and overcome innovation “road blocks.” I have identified many such road blocks encountered by numerous companies. Here are several of the most common issues that hold back business innovation.Continue reading