Innovation is impossible to achieve without taking a necessary amount of risk. In a world where the success rate of new product entries in the grocery business is 1 in 100, it is inevitable that every success sees failures along the way. An effective innovation leader should encourage creativity and risk taking, while also practicing a tolerance for failure.
In order to foster initiative and innovation, ask yourself these questions.
* Do you allow free research and development (R&D) time?
To read the full, original article click on this link: Innovation is Creativity x Risk Taking | Innovation Coach
