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Some common challenges faced during the innovation process include lack of organizational support, understanding customer needs, managing change, and minimizing risks. These can be overcome by ensuring buy-in from the organization, conducting thorough customer research, implementing careful change management strategies, and adopting a risk-minimization approach.
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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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Innovative ideas are not just something new, they provide value and solve problems. It takes "buy-in" from an organization to support innovation. Understanding customer's needs are critical to design new products. Change requires analysis and testing just like any other experimental effort. Minimizing risks is possible with the right approach.
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