Don't overlook innovation's intangible benefits

04/25/2010 | Business-Strategy-Innovation.com

The real value of innovation isn't always obvious, writes John P. Benfield. It's great if your team can reinvent the wheel, Benfield argues -- but even if you aren't seeing tangible results, simply having an innovation program in place has positive side effects on your company culture. "The existence of a formal, supported program can provide significant value by developing, growing and maturing your workforce, culture and company as a whole," he writes.

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