Risk Aversion Syndrome – Innovation Killer

There is a new risk making it’s way to a project near you. The risk of risk aversion is motivated by the belief that it is better to never try than to try and then fail. This is the prevailing career protectionist attitude. It is based on the belief that failure in an organization is not acceptable and tantamount to career suicide. Management in large organizations may express their frustration and lack of confidence in the efficacy of innovation initiatives (http://www.accenture.com/us-en/Pages/insight-low-risk-innovation-costly.aspx?c=mc_prposts_10000040&n=otc_1013). However, the fault probably lies primarily with them and the corporate cultures they encourage (http://www.guardian.co.uk/media-network/media-networkblog/2013/feb/01/reasons-fail-business-model-innovation).

Advertisements
Tagged with: , ,
Posted in Technology Management

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: