How to Win the Innovation Race


This DATIS Blog Article, “How to Win the Innovation Race”, was originally posted by Skip PrichardSkip Prichard Leadership Insights, on March 1st, 2017 and was reposted with permission.

Change A Culture to Change the Game

Why do some companies win at innovation while others fail?

How important is innovation to your growth?

From individual entrepreneurs to large global organizations, it seems everyone is chasing innovation. And it’s no wonder: Economists estimate that 80% of business growth comes from innovation.

So how do you develop an innovation culture powerful enough to consistently produce?

Gaia Grant and Andrew Grant are the authors of The Innovation Race: How to Change a Culture to Change the Game. They are the Directors of Tirian International Consultancy and help create innovative cultures for a range of businesses.

I recently spoke with them about global innovation.

The Pace of Change

How is the accelerating pace of technological innovation impacting strategy and innovation?
Andrew Grant: Most people would be aware of how the pace of technological innovation has been accelerating, but conducting the research for our book The Innovation Race has really highlighted this issue and made us think about the potential impact of this manic raceWe have discovered that the pace of change is now so rapid that we are in an unprecedented position. It’s like there’s an automatic speed-up setting on the treadmill that...

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