Innovation Alert for Food Companies! π¨
Innovation Alert for Food Companies! π¨
Did you know that 80% of all innovations fail? π€― If your company is ambitious about growth, innovation is key, but these three major pitfalls often derail success:
1. The “Shiny Object” Trap: Too often, companies focus on something “new and sexy” instead of basing ideas on consumer insights and actually solving consumer problems.
2. Execution Breakdown: Bad execution plagues projects. Great execution requires aligning all functions, and be warned: too much consensus is one of the greatest enemies of success! βοΈ
3. Resistance to Change: Innovation requires change, and itβs difficult for sales or operational organizations to change their daily habits to implement something new.
Don’t let these mistakes limit your potential! π±
At foods4giraffes, we support B2B food companies like yours in overcoming these challenges to achieve great execution and sustained growth. We can help you navigate the necessary organizational change required for new implementations.
Feel free to contact us to discuss how we can help you