Rather than asking whether your organisation can afford maintaining an innovation strategy, the question should be whether you can afford not to maintain one.
As opposed to large organisations, SMEs are typically seen to be financially more stretched, cooling off the incentive to define and execute on a formal innovation strategy. Still, small scales may make a critical difference, inasmuch access to, and wise application of information technological tools may help along innovative aspirations, shorten processes, and the distance to keep satisfying customers' needs.
Dealing with challenges triggered by innovation initiatives, Innocope was named for a reason. While not disregarding that many organisations do certainly execute on prosperous innovation strategies, others may be struggling to identify plausible paths and ways to speed up efforts without having to spend a fortune
Please, feel free to contact Innocope for a detailed introduction to the Innovation Strategies concept.
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