Aviation Business Consultants International Inc. .

Managing Innovation in Organizations:
A Framework for Creativity and Collaboration

by Paula Gamonal (Williams)

In today's business environment, the ability to innovate is the best competitive advantage that a company can have. But there are countless obstacles to innovation in the current corporate environment. Competition, mistrust, scarcity of resources and absence of an atmosphere of colalbroation makes it very difficult for companies to innovate. This article gives and overview of the opportunities to innovate by creating common goals, an atmosphere for collaboration and a compensation system that recognizes and rewards innovation.

The Effective Executive, the ICFAI University Press

December 2002