A 2007 McKinsey Global Survey revealed that 70 percent of corporate leaders call innovation one of their top three priorities. They believe that breakthrough (or radical) innovation will have the greatest affect on corporate performance. The report shows that these leaders agree — “innovation is the best strategic decision for sustainable competitive advantage.” Yet these same leaders report that strategies for spurring innovation in their companies elude them. Too many barriers exist. Why?
As a business owner, you make decisions every day. You want to see your company grow and succeed. By staying aware of the potential energy dynamic opposition provides, you make sure you bring all of yourself to your work, leave no stone unturned in your decision making, and model values of learning, discovery and creativity to your entire organization.
Recently a guy approached me wanting help securing funding for his new company. He works full time yet has built up his side business to the point where he wants to quit his day job and focus completely on running his company. Who can blame him? I visited his web site first. Tons of information [...]