No matter how brilliant your idea if you don’t have resources, you won’t be able to get it off the ground

For most people generating new ideas is the exciting part. But the next phase which is idea selection, pilot testing and gathering resources to put behind the prototype or sample can be challenging.

A McKinsey multi-year study involving in-depth interviews, workshops, and surveys of more than 2,500 executives in over 300 companies found that innovation involves a set of “crosscutting” practices and processes to structure, organise and encourage innovation. Continue reading “No matter how brilliant your idea if you don’t have resources, you won’t be able to get it off the ground”