Assessing and Ranking Competing Projects and Opportunities
AUGUST 23, 2021
Oftentimes in large organizations and F500 companies, innovation and R&D are treated like a shared service, with the majority of initiatives originating from outside the function. Other business units and product lines, inspired after an ideation session or hackathon, come to the innovation team with an idea to explore. This engagement and collaboration allows the innovation function to stay close to strategic initiatives and high-level, vital projects.