A recent survey by the Boston Consulting Group identified risk-averse culture as the key obstacle to innovation. The Legendary 3M Chairman William McKnight once said, “The best and the hardest work is done in the spirit of adventure and challenges. . . . Mistakes will be made.”

Choose any organization that has an innovative climate. It may be your organization where you work.

9.3 Test your Knowledge (Question):

What it takes to create innovative climate? What is the level of innovation?