The Big 10 Innovation Killers

We need right solution at right time ….we need holistic thinking…..we need a range of innovation…

So we need to understand: why Good Ideas do not execute? Where are missing links?

Kindly link this insightful article written by Joyce Wycoff at thinksmart.com.

An Exerpt :

While it’s probably impossible to compute the exact percentage of business initiatives that fail, it is widely acknowledged that most do. After years of research and observation, it is clear that the same reasons for any change initiative failure tend to be the same culprits that make innovation initiatives fail. Here are the top ten reasons for innovation failure:

Not creating a culture that supports innovation
Not getting buy-in and ownership from business unit managers
Not having a widely understood, system-wide process
Not allocating resources to the process
Not tying projects to company strategy
Not spending enough time and energy on the fuzzy front-end
Not building sufficient diversity into the process
Not developing criteria and metrics in advance
Not training and coaching innovation teams
Not having an idea management system

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Top 10 Artciles which align to above article. Kindly link and share your expereince.

- Ajay Singh Niranjan

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This entry was posted on February 9, 2007 at 6:05 pm and is filed under Innovation. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

8 Responses to “The Big 10 Innovation Killers”

Understanding the Power of Now « Great Human Capital Says:
February 28, 2007 at 8:04 pm | Reply
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11 Lessons on Change Management: Azim Premji « Great Human Capital Says:
March 10, 2007 at 7:25 am | Reply
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Thinking Like a Genius « Vision IAS Says:
July 25, 2007 at 2:36 pm | Reply
[...] The Big 10 Innovation Killers [...]
Stephen Says:
August 7, 2007 at 8:13 am | Reply
Your list of reasons for innovation failure is interesting because few of them focus on the innovation itself and more on the relationship with people.

I think this analysis is correct and would like to suggest one more.
That is: The Leaders inability to lead and motivate”.

Unless the leader is able to generate buy-in from the team, conmmunicate effectively and ensure that innovation is a strategic priority then failue will become more likely.
My Blog » Blog Archive » The Big 10 Innovation Killers Says:
September 7, 2008 at 2:00 am | Reply
[...] Big 10 Innovation Killers The Big 10 Innovation Killers by Joyce Wycoff “70% of all business initiatives fail.” – Harvard eLearning [...]
Soleh Sugianto Says:
November 14, 2008 at 2:43 am | Reply
Nice…
Thx information for all.
I hope U always forever…..[-o<
Soleh Sugianto Says:
May 14, 2009 at 6:16 pm | Reply
Hi nice……..
My Business Says:
May 14, 2009 at 6:18 pm | Reply
Good Night

Great Human Capital