Innovation & Strategy

Valuing the Benefits of an Innovation Culture

Change is the only constant. In a global economy with rapidly changing circumstances, from trade disputes to pandemics, companies that cannot change will certainly fail. Innovation must be endemic to organizational culture to succeed in the long-term.
— By Jill Motley

Many companies may claim to be “cutting-edge” or ground-breaking. Yet their employees, tasked with development and innovation, might tell a different story. Worse, a close examination of the bottom line might reveal a disconnect between what the market desires and what the company has provided.

An innovation culture appears desirable. How can a manager know if an organization has such ....