Fascinating, scary article on a report from Nielsen about the relationship between innovation and the physical proximity of senior management. Anyone who has ever worked in a big company isn’t going to be shocked by the news, but it turns out that “companies that take a hands-off approach with product development incubation and also employ other innovation best practices, on average derive 650% more revenue from new products than companies that do not follow these practices ” as reported by Media Post. (more…)
Filed under: Consulting, Reality checks | Tagged: Add new tag, Best practice, business, business thinking, Company, innovation, management, managing, New product development, Nielsen Company, Senior management, teamwork, technology | 1 Comment »





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