What Challenges Do Leaders Face in Driving Growth and Innovation?
Leaders often encounter several challenges when driving growth and innovation, including:
Resistance to Change: Employees may resist new initiatives due to comfort with the status quo or fear of the unknown. Resource Constraints: Limited financial and human resources can hinder the execution of innovative projects. Market Uncertainty: Rapid changes in market conditions can make it difficult to forecast the success of new ventures. Balancing Short-term and Long-term Goals: Leaders must find a balance between achieving immediate results and investing in long-term innovation.