There are 6 absolutely essential elements which need to be in place for a corporation to begin to think that it has a culture which supports innovation; 1. leadership at the top and from the Board, 2. spending on research and development, 3. rewards and incentives, 4. tracking the ‘innovation dynamic’, 5. tolerance to being different, […]
Blog
Introduction
By listing best management practices using a framework of 25 Factors, and by providing profiles of innovative companies along with a host of anecdotal information, we hope to stimulate discussion and share information on cultural aspects of corporate innovation.