Real innovations require more than R&D | Om Sharma
In this 21st century who doesn’t tout the importance of innovation? But many seem stumped by how to achieve it. Why is it so? It is because in reality, innovation is much more than R&D. Innovation involves Discovery, Incubation, and Acceleration and R&D is just a part of it. You always must remember that to develop a business application, to create a model, or to create a product you have to invest a lot of time and the right resources. So, I would say that there are many paths to innovation. Today in this blog I would like to share a few of them which I have witnessed and adopted in my leadership career. · Innovation is never a single event - We tend to think of innovation as a single dazzling flash of insight, but it is a long process that involves the discovery of an idea, the creation of a solution, and finally the change of a product or service. That is nearly never accomplished by a single person. You continuously must work...