7 Deadly Sins in Corporate Innovation

Corporate innovation often fails due to improper, overdue or undersized investments. To avoid this, organizations must adopt the right practices to repent for each of these sins. These seven sins include chasing after the next big thing too fast, losing sight of what lies around the corner, focusing too much on extracting maximum value from existing solutions, turning a blind eye to disruptive forces, punishing failure, emphasizing the "I" in innovation, and believing that your organization is too big to fail. The best way to avoid these sins is to take baby steps, play the long game, challenge the status quo, evolve your processes, and embrace a growth mindset.