Too Much Innovation? Can a Company Over-Innovate?

Too Much Innovation? Can a Company Over-Innovate?

Over-innovation within a company occurs when the innovation process exceeds market demand or available resources. Although more companies tend to under-innovate, over-innovation can cause internal and external issues. Internal issues can stem from weakness in innovation execution to a lack of executive vision. External issues can come from an unprepared market or industry. In this case, it is better to stay low and prepare for market demand than to over-push. It is crucial to link internal and external issues by collaborating with partners and ensuring that they are at the same level of innovation.

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More Innovation Resources:

Portfolio Management Reporting Doesn’t Have to be Painful

A new interactive Gated Project Dashboard in Planview Enterprise assists PMOs in resource allocation and aligning project efforts with strategic goals.

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Different roles of business team members

Teams play a critical role in organizational success, with each member contributing to a single objective and vision. Successful project teams prioritize member cooperation, democratic leadership, and high team spirit.

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The Venture Studio Business Model, Explained  | Corporate Lab

Venture studios are becoming popular in the business world, as they rapidly build and develop new companies. They use their resources and expertise to create startups, from identifying opportunities to scaling the business. They earn equity or payment for their services in return.

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