Approach Quote by Richard Owen
“Rapid innovation is the cure for the ills we face, but because innovation is difficult and susceptible to failure, we might need to rethink the way we approach innovation and how we drive it through our companies.”
About This Quote
Source Article: Harvard Business Review, 2021
Innovation must be rethought because it is hard and risky; companies need new approaches to manage failure and sustain progress.
In simple terms: Innovation is tough; we need better methods.
Key Takeaway
Rethink innovation strategy.
Themes
business
innovation
risk
strategy
leadership
Mood
analytical
strategic
Type
business
leadership
When to use this quote
- product development
- startup culture
- corporate R&D
Key Concepts
organizational change
risk management
Questions to Reflect On
- What structures can reduce innovation failure?
- How can companies foster resilient innovation?
A Different Perspective
Innovation alone won’t guarantee success.
