Zebraheard

Helping entrepreneurs turn ideas into a business

Economic Challenges Creates Innovation Caution


InnovationThe recent economic challenges faced by businesses in the last couple of years cannot happen without changing the way business is accomplished. One change is the way companies approach innovation. Faced with trepidation about the future, thinner margins, and limited resources Senior Management and Board of Directors are requiring an increased sure certainty in innovation initiatives.

The article “Why Some Companies Successfully Innovate and Others Don’t” written by Christine Crandell, discusses what 280 product executives have found are the best practices in today’s economy to continue to be innovative.

It is a great article and here is a little excerpt:

“In a survey commissioned for our company, involving more than 280 product executives in 17 different industries, we found common patterns among the study’s top performers. Among the good management habits of innovative, high-performance companies:…”

To read the whole text from this terrific article here is the link: http://www.businessweek.com/innovate/content/mar2011/id20110318_758366.htm?campaign_id=rss_topStories

To discuss this article with other innovative and thoughtful entrepreneurs go to LinkedIn and join the group Zebraheard – Helping Entrepreneurs Turn ideas Into A Business. http://www.linkedin.com/groups/Zebraheard-Helping-Entrepreneurs-Turn-Ideas-3845731?mostPopular=&gid=3845731

Advertisements

March 29, 2011 Posted by | Entrepreneur | , , , , | 3 Comments