Monday, May 18, 2020

Questions On Google s Article On Facebook - 1181 Words

4 Must-Dos to Improve Your Innovation Capabilities By Christelle Espinasse | Submitted On June 04, 2015 Recommend Article Article Comments Print Article Share this article on Facebook Share this article on Twitter Share this article on Google+ Share this article on Linkedin Share this article on StumbleUpon Share this article on Delicious Share this article on Digg Share this article on Reddit Share this article on Pinterest Expert Author Christelle Espinasse I would rather make the mistake of moving too fast than make no mistake and move too slow - Larry Page, Google s CEO Despite a plethora of business literature on how to improve innovation, it remains an elusive endeavour for many executives. Strategic advice ranges from how to come up with better ideas (e.g. opened innovation, crowdsourcing, etc), how to set it up (e.g. cross-functional teams, separate exploratory units, etc), how to establish funding mechanisms (e.g. venture capital arms, separate funding, etc), how to sharpen execution (rapid prototyping, gate-funding, etc) to name just a few - but all assume that all businesses face the same obstacles. In reality, any improvements to innovation are contingent upon company specific factors to be identified first before ways can be developed to address them. 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