Innovation Spends & Trends Report

7 INNOVATION

SPENDS & TRENDS REPORT

TOP CHALLENGES

What are your top challenges?

Far and away, the community feels that, “balancing short- term innovation vs. long-term thinking; ” “business resistance to change,” as well as, “resources and funding,” are the top three challenges facing innovation leaders. This is a historically consistent point of view. One note is that Motivating teams/ Overcoming Innovator Burnout is cited by only 13% as a top challenge. See Weaknesses & Threats and Talent for more information on this metric. Also, only 12% see Talent or hiring the right skill set as a top challenge.

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