Tag Archives: innovation performance

Innovation is the Means, Not an End in Itself

Innovation is like choosing the right tool

Innovation is all the rage, and for good reason. The most successful innovators outperform other companies by a wide margin. For example, according to the 2018 Global Innovation 1000 study, the sales growth of top innovators was 2.6 times and the operating income growth 2.5 times that of the average of the companies in the study. Even more startling is ...

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Break The Loop Of Underperforming Innovations

The tangible sales results of new product or service innovations are directly tied to the corporate mindset and systems that created them. Mindset precedes and dictates the systems which develop & launch innovations. If these systems are geared towards optimizing efficiency and minimizing risk, then by nature innovations will remain “close in” and likely underperform. When mindsets change, so do ...

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