HOW TO SURVIVE THE INNOVATOR’S CURSE

reversethecurseIf you want to be eternally innovative as a company – and avoid the innovator’s curse which topples large companies that fail to remain dynamic – you must adopt three practices.

1. Encourage enterprise that inspire employees to take on risk.

2. Establish internal markets that encourage teams, divisions and business units to compete to develop new innovations.

3. Certain employees must be viewed as innovation champions and be granted the resources and mandate to explore new possibilities.

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