In the Harvard Business Review Blog Evade an Innovation Blackout, Jordan Cohen points out the difficulty of engaging effort for new ideas when the people with the ability to develop those ideas are up to their asses in aligators.
In a financial downturn, the razor-gangs that decend on the organisation are a big inhibitor of necessary change at just the wrong time. Any innovation is seen as something to be avoided or delayed rather than embraced as a means of getting out of a failing operation.
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