7 Reasons Not to Innovate

by Paul Sloane for Destination InnovationIf you want to stop your organization from trying to develop significant new products or services, here are seven solid arguments you can rely on:

  1. We are successful. We are growing and making a modest profit.  Innovations absorb resources and cost money. Why should we distract ourselves and mess with success?
  2. Everyone is very busy. All staff are working hard on urgent tasks sorting out today’s problems.  They do not have spare bandwidth to experiment with new ideas.
  3. Innovation is risky. Most radical innovations fail so let’s just keep making our current products and services better.
  4. We don’t like failure. It would be bad for morale if we launched a new product which flopped and it would be bad for the careers of those who were responsible for failure.

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