Boardroom Agenda: Innovation

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Economists believe that 60 to 80 percent of economic growth comes from innovation and new knowledge. In fact, studies show that innovation is a key driver of organic growth for all businesses regardless of sector or geography.
Yet, very few boards specifically put innovation on their meeting agenda. At best, the topic is a small part of a broader strategy discussion which, more often than not, ends up being geographic expansions, mergers and acquisitions, and even risk management.