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During the last five years or so I’ve been asked many, many times for my opinion about corporate innovation. Why is there so much demand for corporate innovation, yet so little practical result?
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One could stipulate a number of reasons, including:
• Lack of time or bandwidth
• Focus on efficiency over experimentation
• Lack of innovation skills or techniques
• Inordinate rewards of short-term thinking over long-term success
• Fear of the uncertain or unknown
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