Innovation
With the stats as low as less than 25% of pilots advance to commercialization.
R&D spend at a corporation is in excess of $90 million per year on average for the past 4 years. Result – no visible change in revenue or income from operations. Past 4 years, all losses with cumulative sales over $2.6 billion.
The Drucker Institute, Claremont Graduate University, conducted a survey on 640 companies in the U. S. One category score, Innovation, range from a high of 212.3 to low of 40.8. The gap between high and low indicate many companies have room for improvement.
Not seeing results from innovation investment, maybe a check-up would help identify the cause(s). Please contact me to discuss.