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The lessons from "HBR’s 10 Must Reads on Innovation" can be applied in traditional sectors like manufacturing or retail by implementing a culture of innovation. This involves redesigning processes to give innovative teams room to breathe and react to unexpected results. For instance, the allocation of funds and performance measurement can be adjusted to support innovation. The standard operating procedures may need to be revised to not restrict innovation. It's important to remember that innovation is more than creativity; it's a structured process with rules and best practices.
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The tight controls of an established organization restrict innovation. Innovative teams need the flexibility to react to unexpected results. The "standard operating procedures" of most companies just get in the way. Companies must redesign processes, from how funds are allocated to how performance is measured, to give innovative teams room to breathe. New ideas require new rules.
Asked on the following book summary:
Innovation is more than creativity; it is a process that is structured, with rules and best practices. This summary gives you some of the key takeaway...
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