2020 revealed our fragility and our capacity for adaptation, and what IdeaScale's 2021 State of Crowdsourced Innovation report reveals is improved innovation capability from faster implementation rates to more engaged leadership. Let's look at some trends and takeaways from this year's report.
Transformational innovation for many businesses is inherently complex and, in many cases, high risk. It can be a big distraction, expensive in terms of cost and resource bleed from other key activities, must be managed carefully and will frequently not be successful. This article explores some key factors to work with when looking for transformational innovation.