Innovation, is it a burden or opportunity when things are difficult? This morning I was reading an article in Business Week about the need for organizations to cut back on innovation (article). The article starts with the opening line "When times get tough, one of the first things we do is think about what we can do without, like cutting latte consumption from five a week to two" with which I totally agree. However an assumption in the article drives the reader to believe that INNOVATION … [Read more...] about Cut or increase innovation in a recession?
How do you innovate when budgets are cut, prices of high tech are increasing and you have less people to do more with? Innovation in a recession Innovation is about more than new products and technologies - its about ideas - and ideas from your brain and the brains of your people and networks can be free - all you need to do is give permission to be creative harness the ideas that result - some you can use - most you wont be able to... yet. In her book The Innovation Equation, Jacqueline … [Read more...] about Innovation in a recession