Innovation Rhetoric Is at an All-time High: Here’s How to Turn Theory Into Practice

This article was first published on 13 December 2012.

This article from the Huffington Post has some interesting ideas.  I’ve often heard discussions about innovation center on the argument about the merits of pursuing incremental versus radical innovation and always been troubled by them.  This article makes the point that organisations need to have a portfolio of innovation efforts spanning everything from small incremental improvement to game changing ideas.  One point the article makes but doesn’t explore more deeply is the idea that companies often struggle with radical innovation because they’re so caught up in their core.  The psychology that binds organisations to their core and their proven business model runs deep and is a much more significant impediment to innovation than most people give it credit for.  More on this in future posts.