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CONCLUSION

In conclusion, this chapter presented the soft factors that impact innovation in the context of three distinct sizes of innovating organizations. Personal innovation is within the individual innovators’ control. Visionary innovation requires all of the same factors as personal innovation, but adds the requirement that the visionary be able to direct and manage people towards a goal. With enterprise innovation, the game changes. With enterprise innovation, a process and supporting systems exist or are structured within the organization. An IPMP supports the ability of the people within the organization to collaborate, identify ideas, refine them and produce new marketable products and services, while keeping the lights on every day. Factor management grows exponentially with large-scale leadership and includes the right leadership, the right culture, the right participant’s mindset, and the elimination of contractual barriers.

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