Building an Innovation Portfolio—10 Key Takeaways

Building an Innovation Portfolio—10 Key Takeaways

Innovation is ongoing, distinct from change, and involves creativity and risk. To drive successful innovation, organizations need a strategy, culture, and plenty of ideas. Product portfolio management is crucial for operationalizing innovation and aligning investments with brand strategy. PMOs should support and encourage innovation while relaxing their methodologies where necessary. CIOs will need to shift to support more innovation initiatives. The key is to balance risk vs. reward and make room for smaller innovation projects.

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More Innovation Resources:

The value of experimentation in innovation

Experimentation is key to successful innovation. By testing assumptions and gathering data, companies can make evidence-based decisions to avoid product failures.

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Why Digital Meetings Are Awesome + How To Hold Them

Digital meetings are becoming more popular due to digital transformation. They save resources, take off pressure, are a time saver and allow for larger groups to participate. Here are tips to hold an effective digital meeting.

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How Patterns Boost Our Performance…Without Even Knowing It

Humans follow patterns not only in games like Rock-Paper-Scissors, but also in their creative processes. Research reveals that inventors have been using five simple patterns in their inventions for thousands of years.

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