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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 in their treatment. How wrong this is. So we tend to go to default.

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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. How wrong this is. So we tend to go to default. Risk mitigation kicks in.

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Developing a new framework for risk and innovation.

Paul Hobcraft

How an organization conceives of risk management will in large part decide how effectively innovation is pursued. Risk management isn’t the brake on innovation; it’s the accelerator. Risk management, treated as a learning process, not only propels innovation forward but can also speed it up.

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Developing a new framework for risk and innovation.

Paul Hobcraft

How an organization conceives of risk management will in large part decide how effectively innovation is pursued. Risk management isn’t the brake on innovation; it’s the accelerator. Risk management, treated as a learning process, not only propels innovation forward but can also speed it up.

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Getting started with Innovation Metrics

Strategos

It seems an oxymoron to some that, a process as spontaneous and creative as innovation can and should be measured. Here at Strategos, we firmly believe that innovation can be taught, learned and systematically implemented by establishing the right processes, systems, structures, skills and metrics. LEARN HOW WE CAN HELP ?.

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The core principles of Leading FOR Innovation

Cris Beswick

This thinking regarding time frame also aligns with how organisations should look at balancing their innovation portfolio. This is not merely about testing ideas but also about fostering learning. Embracing failure as a learning opportunity The pursuit of innovation is inherently risky, and the possibility of failure comes with risk.