Innovation show stoppers

< Innovation

In the book 'The Invincible Company' you can find the following blockers for innovation.
 * Leadership
 * Leaders that are focused on quarterly results and see innovation as a black box.
 * No explicit innovation strategy, nor overall innovation portfolio management.
 * The management is locked into the current business model and exploring new directions is not part of the regular leadership discussion.
 * Organisational design
 * The reward system is geared toward managing and improving the existing business model.
 * Faillure is not an option, which is mandatory for world-class operations management, but lethal for experimenting new ideas.
 * Innovation teams have little autonomy and are slowed down by operational processes, and it's difficult for them to access customers and resources to experiment (e.g. brand, prototyping resources, other experiste)
 * Innovation practice
 * Innovation is a profession in itself, just like finance, marketing, or operations.
 * You don't get good at it overnight, but with experience of time.
 * Not having a substantial team with innovation as their sole job description will prevent an organisation from developing a world-class innovation practice.
 * Just like finance, sales, or operations, innovation needs its own processes, key performance indicators (KPI's) and culture.