Cultivating innovation: What’s the formula?

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Innovation is essential to staying relevant and competitive in a crowded, rapidly evolving global market. The organizations that cultivate innovation and successfully execute new thinking are best positioned to seize the advantage and thrive.

To innovate successfully, organizations require a tolerance for risk, a willingness to fail and a healthy amount of patience. However, they don’t need to rely on serendipity. By establishing a framework or innovation master plan framework, organizations can develop the capacity to continuously develop and nurture new ideas and bring the best ones to fruition. And that can be the key factor in staying out front and successful for years to come.

Download this publication to learn the five actions you can take to cultivate innovation at your organization.

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Global Innovation Survey, 2013