article thumbnail

How much is innovation costing your organization?

Innovation 360 Group

The innovation process can be unwieldy and costly to operate. Our research suggests that most organizations have challenges in one of more of the four stages of innovation – i.e., ideation, selection, development and commercialization – often relating to gating and decisioning efforts as they move through the four stages.

article thumbnail

PLAYING IT SAFE IS THE MOST DANGEROUS THING YOU CAN DO

Innovation 360 Group

In 2006, the massive Tower fell, going from profitability to bankruptcy in a few years. Once an innovation project or a series of projects has begun, things move quickly, so it’s important to have the correct framework in place for making decisions at each step from initial ideation to final commercialization.