Investors.com, powered by Investor's Business Daily, includes R&D quotes from John Nottingham, co-president of Nottingham Spirk on how to spur innovation.
The key to innovation is putting in place, "a process for generating ideas and rigorously following through," said John Nottingham. Staff is inspired when there's proof that, "employee ideas are meaningful for the company and aren't just going into a black hole," he said.
But too often, staff focus on short-term fixes. To create the most enduring effect requires developing a group that, "is independent and not associated directly with the current (profit and loss column) to generate truly game-changing innovations."
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