Don’t get sidetracked by unnecessary innovation

By Scott Graham · 9 October 2012 · Advice

Don’t get sidetracked by unnecessary innovation

Don't Diversify into Distraction

Innovation can be a double-edged sword. Discover the hidden pitfalls that can derail your business and learn how to stay focused on what really matters.

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Summary

Maintaining focus on your key competencies is important and sometimes the need for diversification is required – after all, innovation is good. However, it’s far too easy for organisations to become sidetracked with unnecessary innovation, in the wrong areas.

Tags: business diversification, Business Innovation, fostering innovation, growing a business, how to be innovative, innovating in business, Innovation, unnecessary innovation