A guide to approaching innovation for small and medium size businesses.
Rapidly changing markets — fueled by fierce competition, changing customer requirements, accelerating technological advancements and an uncertain economy — have left MDs with two choices for their business:innovate and grow,orstick with the status quo and face the threat of becoming obsolete.
High-growth companies are 37% more likely to rely on radical innovations than no-growth companies.
74% of companies depend on incremental innovation more than they depend on radical innovation.
MDs of small and midsize businesses report that “lack of time” is their #1 barrier to innovation.
Download to learn:
How to leverage different types of innovation, from incremental to radical
Strategies to overcome common barriers to innovation
Ways to optimise innovation practices across all areas of your organisation
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