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Five barriers to innovation: Key questions and answers

IBM Institute for Business Value study
Last updated: 06 Feb 2007
Executive Summary
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Executive Summary

This Executive Technology Report is based on a personal essay by Peter Andrews, Consulting Faculty Member at the IBM Executive Business Institute in Palisades, New York.

Whether you are trying to lead your industry, create a new market or just do things more efficiently, innovation is difficult and liable to fail. Success begins with a careful understanding of what you are trying to achieve, the potential for resistance and planning, but there are five organizational barriers that repeatedly show up: inadequate funding, risk avoidance, “siloing,” time commitments and incorrect measures.

While each of these barriers can be formidable, they don't need to stop your innovation. Successful innovators use a number of techniques to work their ways around these barriers or break right through them.


 

To read the full report, download the PDF file at the top of this page.

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About the author
iPeter Andrews
Peter Andrews is a Consulting Faculty Member IBM Executive Business Institute in Palisades, New York.
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