Michael J.T. Steep
Credentialed Thought Leader in Disruptive Innovation and Organizational Leadership
Three Critical Questions That Will Change the Way You Think About Innovation
1. What is happening with corporate innovation globally and why should I care?
Of 250 Fortune Group companies surveyed, 94% said innovation is top priority for the company to remain competitive but only 14% received a decent return on investment for R&D.
2. What is the principal cause of the crisis in innovation?
These same Fortune Group CEOs listed three major causes.
First, the company lacked awareness of disruptive technology in their space.
Second, the leadership team was risk averse.
Third, the company lacked the technical expertise it needed to stay competitive.
3. Is there a basic approach or path my company can use to at least address some of these problems in a practical way?
Yes. We have worked with over 200 companies and their innovation executives over the past decade to understand how to address innovation problems AND put in place a way to acquire the right talent, expertise, and organizational structure to transform disruptive innovation into real growth.