What blocks speed blocks innovation

Innovation and speed are critical for success in today's fast-paced world. However, many firms struggle to increase both due to three key barriers to progress. These include a lack of clarity about mission and direction, fixed and rigid processes, and internal decision making roadblocks. To increase speed and innovation, firms must work to define clear strategies, trade off to focus on specific areas of leadership, and revise internal processes to accelerate development and cut unnecessary barriers. By doing so, firms can innovate at a faster pace and succeed in the modern business landscape.