The 8 Pitfalls and Sinkholes of Innovation

The 8 Pitfalls and Sinkholes of Innovation

Innovation can be a minefield, with pitfalls and sinkholes threatening to derail even the most carefully conceived and implemented projects. Among the potential stumbling blocks facing innovators are insufficient insights, resources, and engagement; weak innovation processes; a lack of balance in exploring different types of innovation; and missing enabling structures. However, by working consciously to avoid these common pitfalls, innovators can stay nimble and fill in the gaps to ensure their innovation efforts stay on track.

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