The document discusses innovation challenges and best practices according to CEOs and business leaders. It finds that 61% of CEOs see innovation as a primary focus but they face challenges like lack of processes, budget constraints, and limited resources. The most innovative companies implement ideas quickly, set ambitious goals, and recognize employees for their contributions. Fostering an innovative culture requires allowing creativity from all employees, strong visionary leadership, and a willingness to take risks.

1. 61%
61% of CEOs worldwide
say innovation is a
primary focus
Lack of structured
processes or
procedures
Budget
constraints
Resource
constraints
(Time and people)
challenges?
WHAT ARE THE
WHAT DOES IT TAKE TO innovate?
Top business leaders say:
Ability to capture
ideas throughout
the organization
WHAT DO THE MOST INNOVATIVE COMPANIES DO TO
stay on top?
Leaders say:
Implement an
immediate innovation
Identify an
ambitious goal
Recognize employees
for innovation
HOW DO YOU foster
AN INNOVATIVE culture?
WANT TO
drive innovation
IN YOUR ORGANIZATION?
today and we’ll show you how.
Contact us
InsideOut Development helps
organizations build
competencies and create
cultures that foster innovation.
http://www.businessinsider.com/3-trends-will-drive-innovation-in-2015-2014-12
https://hbr.org/2011/12/innovation-is-everyones-job.html
http://www.businessinsider.com/innovative-companies-stay-on-top-2012-12?op=1
http://www.forbes.com/sites/johnkotter/2014/10/03/best-of-blogs-innovation/
http://www.accenture.com/SiteCollectionDocuments/PDF/Accenture-UN-Global-Compact-Acn-CEO-Study-Sustainability-2013.pdf
https://www.pwc.com/en_GX/gx/consulting-services/innovation/assets/pwc-unleashing-the-power-of-innovation.pdf
Creative Commons – Attribution (CC BY 3.0) dice incon designed by Mister Pixel from the Noun Project; Money-Bag designed by Roy Verhaag from the Noun Project; Binoculars
designed by Bart Laugs from the Noun Project
Innovation is critical to having a competitive advantage in today’s marketplace.
Some organizations have figured out how to do it successfully, but many still struggle.
We’ve identified the challenges to innovation and what organizations need to do to foster it more frequently.
CEOs say:
31%
Capacity and
capability for
creativity
31%
insideoutdev.com | 1.888.262.2448
ALLOWING ALL EMPLOYEES
TO BE CREATIVE AND COME
UP WITH THEIR OWN IDEAS
The right culture to foster
and support innovation
57%
Strong visionary
business leadership
44%
Willingness to challenge
norms and take risks
37%
WHAT IT TAKES TO
Innovate