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2011INNOVATION

A report of how Hoosiers feel aboutbusiness innovation in the workplace

2

Cultures Do Not AlwaysSupport Innovation

68%

50%

35%

WILLINGTo Take Risks

RESPONDPositive To Failure

RESOURCESTo E x p l o r e I d e a s

3

Top Barriers to Innovation

40% – Lack of resources (funds, etc.) within organization

26% – Uncertain demand for innovative goods/services

26% – Innovation costs are too high

23% – Lack of qualified personnel

4

Companies are Not Using Resources Available

54%

26%

10%

RESOURCESAvai lab le To Help

PARTNEREDWith Colleges, Universities

UTILIZEI n d i a n a Ta x C r e d i t s

5

Communication Gap Between CEOs and Staff

80%

85%

93%

66%

74%

55%

53%

65%

37%

42%

STAFFCEOs

25% GapCulture Fosters Innovation

32% GapWilling to Take Risks

28% GapSupport Innovation

29% GapRespond Well to Failure

32% GapCreativity Rewarded

6

Other Findings

MOST POSITIVE?

BUSINESS SERVICESRETAIL

TECHNOLOGY

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