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Treating Innovation Risk Differently, Dealing with Uncertainty

Paul Hobcraft

Innovation is a learning process not to be confused with a safety procedure, both can be effectively managed and different in their treatment. Equally we have learnt innovation evolves due to this learning process and how ‘it’ interacts with customer needs. As a result, promising ideas are often smothered.

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Treating Innovation Risk Differently, Dealing with Uncertainty

Paul Hobcraft

It can still come under the broad risk umbrella but judging innovation risk is utterly different from organizational strategic risk. Innovation is a learning process not to be confused with a safety procedure, both can be effectively managed and different. Moreover, the tools commonly used to support the process exacerbate the problem.

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The core principles of Leading FOR Innovation

Cris Beswick

Does it matter if our customers don’t use the word innovative but are completely bowled over by the solutions we create for them? If we increase employee engagement, increase retention, are able to recruit the best next generation of talent, etc. Risk management: Each horizon represents a different level of risk and uncertainty.

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Getting started with Innovation Metrics

Strategos

Many companies struggle with creating and implementing innovation metrics because the whole idea of measuring innovation seems complex, cumbersome and generally daunting. GETTING STARTED WITH INNOVATION METRICS. Here are a few guidelines that we have found to be useful in helping clients to develop innovation metrics.

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Developing a new framework for risk and innovation.

Paul Hobcraft

Interestingly, the pace of innovation stands among the top three risks in 2015 and tops along with regulatory risk, the list foreseen in 2018. With technology disruption, business model disruption and growing competition, social and customer engagement challenges the ability to manage innovation is growing as a concern and in risk management.

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Developing a new framework for risk and innovation.

Paul Hobcraft

Interestingly, the pace of innovation stands among the top three risks in 2015 and tops along with regulatory risk, the list foreseen in 2018. With technology disruption, business model disruption and growing competition, social and customer engagement challenges the ability to manage innovation is growing as a concern and in risk management.