Explore the latest trends, approaches and perspectives on the topics of digital strategy, innovation, and product growth.
Businesses can and will fail for infinite reasons. I important to accept that not every investment will return a profit. If managed appropriately though, the high risk associated with an innovation strategy can be a viable path to significant growth. Enter, the innovation portfolio strategy.
Part 2 - Risk Tolerance is intentionally and unintentionally designed within three areas of your company: (1) the business model, (2) your executive team. Use this framing to help define the tolerance for risk within your peer group or company.
Part 3 - "What will happen if we do this?" It's the most common mental model associated with evaluating a new idea.It's a good question. But the better question to ask is what if we don’t.