ShareEvery organizational leader lauds innovation, so why do so many businesses struggle with the process? Companies’ internal R&D teams can only take their innovation efforts so far. Case in point: Though 93 percent of executives surveyed by Accenture said innovation was critical to long-term success, less than 20 percent of the same pool of respondents said their current efforts were moving the needle. Just as people are motivated by the company they keep, companies are influenced by the partnerships they embrace. Those hoping to innovate would be wise to look beyond their own walls, forming partnerships with universities, startups, and other industry players. Making the […]
