| From the Editor's Desk
How to Scale Local Innovations in Big Companies All too often innovations — including new products, new HR policies to attract and retain talent, and new production processes —developed in one part of a business stay there. Other groups that could benefit from them don’t know they exist. This leads to lost revenues and higher costs, since teams around the world often end up duplicating (or triplicating, or quadruplicating) investments in solving common problems. This article identifies three common obstacles to scaling innovations and describes a way to overcome them.
The business advantages of scale and scope are widely recognized, but large, global enterprises often fail to fully realize them when it comes to innovation. Innovations that are developed in one geographic region or business unit — new products to delight customers, new HR policies to attract and retain talent, new production processes that drive efficiency gains — too often stay within them instead of being disseminated across the enterprise.
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