Enterprise-level companies are caught in a bind. They must innovate in order to build their brand and stay ahead of the competition, but their size alone inhibits that innovation.
In a survey of 270 corporate leaders on the subject of corporate innovation, a range of internal obstacles became apparent: Fifty-five percent cited politics, turf wars or internal misalignments. Forty-five percent called out cultural issues, while 42% noted an inability to prepare for the future, and double-digit percentages pointed to insufficient budgets or strategy.
