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Accessing the Innovation Funds

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Accessing the Innovation Funds

Robyn M. Bolton provides a few inside tips on how to work with resource constraints and the people who control them when you need to access the resources that will fund your innovation.

 

The process of setting annual goals and budgets can be frustrating and even demoralizing for employees and managers alike as their visions and budgets get slashed in each round of management reviews.

This process can be especially painful for Innovators who feel like they are expected to do more with less and, as a result, can’t even try to do anything new or game-changing because they barely have the resources to operate the current business.

Resource constraints are a reality in every organization. The trick is not to give up when you run into them, but to figure out how to work with them and, more importantly, the people who control them.

 

The steps are:

-Acknowledge reality

-Know where there’s flexibility

-Channel your inner Mick Jagger

-Make your case

 

Read the full article, 4 Steps to Get the Resources You Need to Innovate, on LinkedIn.