Providing Limited Resources

Struggling with limited resources is a good formula for small companies, but is not easy to replicate in large corporations.

Innovation comes when companies are not focused on new ways to sell old successful products by re-marketing or repackaging them but to invent new products and compet...

If resources are greater than the problem, that very abundance works against innovation.

If leaders of large companies wish to innovate, they must ensure that the challenges, dangers, and opportunities to innovate exist in the organization. They need to provide thei...

• A study found that employees with a paradox mindset were better able to cope with "resource scarcity" at work. They found the challenge of limited resources inspiring and created better solutions to the problems within their role.
• Leaders may find it important to n...