Ep #126 - Are you making one of these 4 innovation mistakes? - podcast episode cover

Ep #126 - Are you making one of these 4 innovation mistakes?

Mar 10, 202412 minEp 126Transcript available on Metacast
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Episode description

In this episode, Tracey Newman and Dan Bentley discuss four common mistakes organisations make that can hinder their ability to innovate successfully. The mistakes covered include a lack of structured innovation processes, internal rather than client-focused innovation, risk-averse leadership styles, and not having a compelling reason for change.

Here is a taste of what Tracey and Dan cover in the conversation:

  • Common innovation mistakes in organisations.
  • Organisations often lack a structured approach to innovation, leading to inconsistent ideation and lack of prioritisation. 
  • Lack of resourcing and clear criteria for evaluating ideas can hinder successful innovation.
  • Internal vs. client-focused innovation.
  • Leaders must create space and resources for innovation to succeed, rather than relying on chance or expecting employees to innovate in their free time.
  • Organisations often prioritise internal efficiency over client needs, leading to decisions that make life more difficult for those they aim to support.
  • Leaders who prioritise learning and understanding client needs over ego and internal efficiency can create a more impactful and client-centered organisation.
  • Leaders who are risk-averse and don't have a reason for change often stifle innovation and learning.

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