Innovation inside a large company can be difficult. However, the same approaches that have been effective in venture capital can be deployed internally.
The shorter days, falling leaves and crisp chill in the air can only mean one thing—it’s time to create the annual budget. Even in the most enlightened companies, the process is filled with pain and frustration and often seems at odds with the rapidly evolving business environment. In spite of these limitations, it does not seem to change. Let’s face it, it is a juggernaut of pain that only the most hardy can bear.