---
title: [Report] Innovating for Growth
description: A guide to approaching innovation for small and medium size businesses.
image: https://blog.vistage.co.uk/hubfs/Innovation%20Image-1%20copy-1.webp
---

**

October 1, 2019

# [Report] Innovating for Growth

*A guide to approaching innovation for small and medium size businesses.*

![Innovation Image-1 copy](https://blog.vistage.co.uk/hubfs/Innovation%20Image-1%20copy.webp)

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, *or *stick 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

[![Download Innovating for Growth](https://no-cache.hubspot.com/cta/default/258171/2fa0f92c-bf42-499a-8a26-2ae968a6dafc.png)](https://cta-redirect.hubspot.com/cta/redirect/258171/2fa0f92c-bf42-499a-8a26-2ae968a6dafc)

 

## Our gift to you...

Apply now for your personal leadership consultation with a Vistage Chair. They'll help you assess areas of strength of your business and identify areas of potential growth.

[![Apply Now](https://no-cache.hubspot.com/cta/default/258171/61a17080-724e-4c69-9574-1d66d913098b.png)](https://cta-redirect.hubspot.com/cta/redirect/258171/61a17080-724e-4c69-9574-1d66d913098b)

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