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# On innovation and enduring growth
- URL: https://www.pesec.no/on-innovation-and-enduring-growth/
- Published: 2026-03-19T06:00:48.000Z
- Updated: 2026-03-19T06:00:47.000Z
- Description: Innovating at scale, profitably, is the key.
- Author: Bruno Pešec
- Tags: Innovation, Strategy, Leadership

Innovation is the only durable source of growth.

Organic growth through core business optimisation has a ceiling. Every leader eventually confronts the same strategic reality: sustaining performance requires building new revenue streams before existing ones mature.

At the same time, between 70% and 90% of innovation investments generate no meaningful return, firmly putting them in the high risk bracket.

When it comes to corporate innovation, alignment at the top is the prerequisite for everything else. The most common reason innovation fails is not a lack of ideas or resources, but the absence of genuine strategic alignment at the executive level.

Without it, priorities conflict, funding evaporates at the first sign of pressure, and the organisation receives contradictory signals about what growth actually means.

This misalignment acts as a force multiplier for erroneous assumptions, resulting with sincere efforts burning cash and people.

Which brings me to the key message: the failure of corporate innovation is not a talent problem nor an idea problem, but a management problem.

Competitive advantage in complex, fast-moving markets increasingly belongs to organisations senior leaders understand how to manage innovation as a core business discipline. The window to build that capability, and the institutional advantage that comes with it, is not indefinite.

Good news? 

Innovation management, like other capabilities, is [learnable and transferable](https://www.pesec.no/mastering-innovation-management/).

So, what are you waiting for?