10 Signs That a Company Struggles with Innovation
I recently did a workshop where we got into a great discussion on issues that can hinder innovation at a company. Among many, I especially took notice of these 10 signs that a company struggles with innovation.
Let me know what you think and please add other signs.
- Unclear strategy for innovation: There are no short or long-term goals on innovation or they have not been communicated well enough.
- Lack of process: There is no process on how to develop an idea or a concept.
- No entry point for external contribution: External contributors have no clear entry point for their input. They are forced to rely on personal contacts.
- People are empowered, but not enabled: Employees are asked to make innovation happen, but in reality they do not have the decision-making power for this and thus decisions are pushed up.
- No smartfailing process: Failure is inevitable, when you push the edge. Learning from failure processes needs to be in place.
- No time for personal development: Employees are simply too busy to reflect and thus think of new ways of doing things.
- Defensive mindset at legal: The legal department is too busy focusing on minimizing risks rather than working with the other functions on creating new opportunities.
- Lack of encouragement/feedback: Employees that submit ideas do not get proper feedback on what happens with their ideas. They do not get proper recognition either.
- Gap between research-thinking and non-research thinking: The different business functions need to better understand each other in order to maximize the output of their innovation efforts.
- The HR function does not get innovation: If HR does not understand innovation, it becomes difficult to hire the right people and create proper development programs.
Stefan Lindegaard is a speaker, network facilitator and strategic advisor who focus on the topics of open innovation, intrapreneurship and how to identify and develop the people who drive innovation.
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