Addressing Business Innovation Gaps to Achieve Growth

Addressing Business Innovation Gaps to Achieve Growth

Innovation is important for growth, but it can be a risky investment. The innovation gap exists when a company has a business function that needs to evolve but lacks the resources to make the transformation. This article examines areas of improvement, such as software redundancy and management structure, that businesses can focus on. Intrapreneurship and transparent approaches can also help companies progress.