{"id":1571,"date":"2010-02-10T09:35:19","date_gmt":"2010-02-10T08:35:19","guid":{"rendered":"http:\/\/www.tsirigosorbit.com\/blog\/?p=1571"},"modified":"2010-02-23T06:53:30","modified_gmt":"2010-02-23T05:53:30","slug":"56-reasons-why-innovation-initiatives-fail","status":"publish","type":"post","link":"http:\/\/www.tsirigosorbit.com\/blog\/?p=1571","title":{"rendered":"56 Reasons Why Innovation Initiatives Fail"},"content":{"rendered":"<p><img loading=\"lazy\" class=\"alignleft size-thumbnail wp-image-1572\" title=\"Blog - Innovation\" src=\"http:\/\/www.tsirigosorbit.com\/blog\/wp-content\/uploads\/2010\/02\/Blog-Innovation-150x150.jpg\" alt=\"Blog - Innovation\" width=\"150\" height=\"150\" \/>Innovation is in these days. The word is on the lips of just about every CEO, CFO, CIO, and anyone else with a three-letter acronym after their name. As a result, many companies are launching all kinds of &#8220;innovation initiatives&#8221; &#8211; hoping to stir the soup. This is understandable. But it is also, far too often, very disappointing&#8230;<\/p>\n<p>Innovation initiatives sound good, but usually don&#8217;t live up to the expectations. The reasons are many.<\/p>\n<p>What follows are fifty-six of the most common ones &#8211; organizational obstacles we&#8217;ve observed in the past twenty-two years that get in the way of a company really raising the bar for innovation.<\/p>\n<p>See which ones are familiar to YOU. Then, sit down with your Senior Team&#8230; CEO&#8230; innovation committee, or best friend and jump start the process of going beyond these obstacles. Let the games begin:<\/p>\n<ol>\n<li>&#8220;Innovation&#8221; framed as an initiative, not the normal way of doing business<\/li>\n<li>Absence of a clear definition of what &#8220;innovation&#8221; really means<\/li>\n<li>Innovation not linked to company&#8217;s existing vision or strategy<\/li>\n<li>No sense of urgency<\/li>\n<li>Workforce is suffering from &#8220;initiative fatigue&#8221;<\/li>\n<li>CEO does not fully embrace the effort<\/li>\n<li>No compelling vision or reason to innovate<\/li>\n<li>Senior Team not aligned<\/li>\n<li>Key players don&#8217;t have the time to focus on innovation<\/li>\n<li>Innovation champions are not empowered<!--more--><\/li>\n<li>Decision making processes are non-existent or fuzzy<\/li>\n<li>Lack of trust<\/li>\n<li>Risk averse culture<\/li>\n<li>Overemphasis on cost cutting or incremental improvement<\/li>\n<li>Workforce ruled by past assumptions and old mental models<\/li>\n<li>No process in place for funding new projects<\/li>\n<li>Not enough pilot programs in motion<\/li>\n<li>Senior Team not walking the talk<\/li>\n<li>No company-wide process for managing ideas<\/li>\n<li>Too many turf wars. Too many silos.<\/li>\n<li>Analysis paralysis<\/li>\n<li>Reluctance to cannibalize existing products and services<\/li>\n<li>NIH (not invented here) syndrome<\/li>\n<li>Funky channels of communication<\/li>\n<li>No intrinsic motivation to innovate<\/li>\n<li>Unclear gates for evaluating progress<\/li>\n<li>Mind numbing bureaucracy<\/li>\n<li>Unclear idea pitching processes<\/li>\n<li>Lack of clearly defined innovation metrics<\/li>\n<li>No accountability for results<\/li>\n<li>No way to celebrate quick wins<\/li>\n<li>Poorly facilitated meetings<\/li>\n<li>No training to unleash individual or team creativity<\/li>\n<li>Voodoo evaluation of ideas<\/li>\n<li>Inadequate sharing of best practices<\/li>\n<li>Lack of teamwork and collaboration<\/li>\n<li>Unclear strategy for sustaining the effort<\/li>\n<li>Innovation Teams meet too infrequently<\/li>\n<li>Middle managers not on board<\/li>\n<li>Ineffective rollout of the effort to the workforce<\/li>\n<li>Lack of tools and techniques to help people generate new ideas<\/li>\n<li>Innovation initiative perceived as another &#8220;flavor of the month&#8221;<\/li>\n<li>Individuals don&#8217;t understand how to be a part of the effort<\/li>\n<li>Diverse inputs or conflicting opinions not honored<\/li>\n<li>Imbalance of left-brain and right brain thinking<\/li>\n<li>Low morale<\/li>\n<li>Over-reliance on technology<\/li>\n<li>Failure to secure sustained funding<\/li>\n<li>Unrealistic timeframes<\/li>\n<li>Failure to consider issues associated with scaling up<\/li>\n<li>Inability to attract talent to risky new ventures<\/li>\n<li>Failure to consider commercialization issues<\/li>\n<li>No rewards or recognition program in place<\/li>\n<li>No processes in place to get fast feedback<\/li>\n<li>No real sense of what your customers really want or need<\/li>\n<li>Company hiring process screens out potential innovators<\/li>\n<\/ol>\n<p>Others we may have missed?<\/p>\n<p><em><strong>Source: <a href=\"http:\/\/www.business-strategy-innovation.com\/2010\/02\/56-reasons-why-innovation-initiatives.html?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+business-strategy-innovation+%28Blogging+Innovation+%28Hosted+by+Braden+Kelley%29%29\">Blogging Innovation<\/a><\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Innovation is in these days. The word is on the lips of just about every CEO, CFO, CIO, and anyone else with a three-letter acronym after their name. As a result, many companies are launching all kinds of &#8220;innovation initiatives&#8221; &#8211; hoping to stir the soup. This is understandable. But it is also, far too [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[285,284,286],"_links":{"self":[{"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/1571"}],"collection":[{"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1571"}],"version-history":[{"count":6,"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/1571\/revisions"}],"predecessor-version":[{"id":1582,"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/1571\/revisions\/1582"}],"wp:attachment":[{"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1571"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}