Strengthening Innovation Management: Enablers, Barriers, and Recommendations for 'Lexspire Labs Corporation'

Abstract

Evidence suggested that as subsidiaries of large multinational corporations in the Philippines mature over many years of research and development activities, the organization evolved to focus most of its time on product development, consequently diminishing the emphasis on engaging in innovation activities. This study evaluated the key factors that influence the ability of research and development organizations in the Philippines, like Lexspire Labs Corporation to sustain their innovation initiatives. Utilizing a deductive approach, in-depth interviews and online surveys with participants from the target research and development organization were conducted. Analytical assessment was then performed from the gathered data to reveal a multi-faceted set of factors that influence innovation positively, including clear strategic mandate, empowered culture, and systemic alignment, alongside negative influences such as operational prioritization and resource constraints, strategic & operational misalignment, risk aversion, and disconnected metrics. The findings not only provided a comprehensive understanding of the challenges faced by organizations but also offered a set of recommendations for organizations to leverage their strengths and enable them to pivot. Finally, this study can serve as a foundation for future research on developing an innovation management system that fits with the strengths and dynamics of research and development organizations in the Philippines.