The word innovation started to be cited as the panacea to the new environment that many organisations found themselves in, but the subject was hugely misunderstood,
The real value of the lab, therefore, is not just in the potentially lucrative new business ideas it spawns (though that is often reason enough).
“Global Entrepreneurship Week is about growing enterprise ambition and ensuring that those with ideas know where to get the support they need to make them a reality.”
The senior team may be responsible for the initial drive, becoming ‘Innovation Leaders’ but ultimately success or failure rests with middle management
The young emerging leaders would get excited, and the senior team became paralyzed in fear about why it would not work. Challenging everything they knew,
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