What Challenges Do Leaders Face in Driving Innovation?
Driving innovation comes with several challenges, including:
Resistance to change: Employees and stakeholders may be reluctant to adopt new ideas and practices. Resource constraints: Limited budget and time can hinder the execution of innovative projects. Balancing short-term and long-term goals: Ensuring that immediate operational needs do not overshadow the pursuit of innovation. Managing risk: Mitigating the uncertainties and potential failures associated with new initiatives. Maintaining focus: Keeping the organization aligned with its innovation goals amidst changing priorities and market dynamics.