Do You Know the Six Most Common Problems in Fostering Innovation

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Innovation is the lifeblood of any prosperous company. And a steady stream of new products-and not just a series of product extensions and improvements-is essential to achieving high growth. Most executives would agree with those two assertions. Most would also claim their companies have programs to foster and manage innovation. But most executives would also admit that their companies could do a better job a making innovation work harder.

Innovation is a uniquely human trait that can't be duplicated in a laboratory experiment. It is borne through a complex concoction of environmental variables, psychological traits, and life experiences all mixed together on a golf course, ski trip or discussion at the water cooler. It's impossible to use a pre-printed formula for designing a world-class innovative organization. But we've identified six common problems that stand in the way.

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Source: VP Science & Technology
PPG Industries

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