Prakash refers on his blog to the article in business week - on common mistakes. James Tohunter referring to the same article - points out a fundamental gap - saying companies dont really know how to Innovate. Reading this three posts I have put my comments at Prakash's Blog as (Look at how minds combine together - to have a dialogue - I really am impressed with the power of blogging, sharing and making thoughts open)
Referring to the same article James Todhunter on his blog (http://www.innovatingtowin.com/innovating_to_win/2007/10/in-avoiding-com.html) says Many compnies dont know "how to innovate". It is interesting in the light of the discussion he points to five pillars of innovation as - Culture, People, Process, Communication and Organization. I have another question now - on whether these pillars are anyway pillars for functioning of any enterprise. So the question that he poses continues to remain as is - hence these pillars and these mistakes need to give a or several methods of how to innovate - In the light of our ongoing discussion on how to innovate - I think these may be just the starting points, if I may say so!