Why Innovation Labs Fail, and How to Ensure Yours Doesn't
July 22, 2019 By Simone Bhan Ahuja
ABSTRACT:
Innovation labs are a safe place for organizations to run experiments and iterate on projects, and they’re an important investment for firms that have rigid approaches or that work in highly regulated industries. But do they actually add value and generate growth? According to a report from Capgemini, the vast majority of innovation labs — up to 90%, one expert says — fail to deliver on their promise.
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