Developing Innovation Growth Boards: Insights From Practice

Developing Innovation Growth Boards: Insights From Practice

Danielle Ferry, Senior Director of Strategy at Moody’s Analytics, discusses the implementation of innovation growth boards that have allowed the organization to experiment with a metered funding model and introduce VC-style funding for selected projects. The growth board is responsible for ensuring that the company has a balanced portfolio of initiatives across different innovation horizon lifecycle stages and prioritizing clear paths for project teams while remaining accountable for utilizing best practices and innovation. The process also promotes collaboration and provides more opportunities for learning and decision-making agility.

View

More Innovation Resources:

Are Legacy Approaches to Talent Inhibiting Your Innovation Efforts?

Legacy approaches to talent selection can inhibit innovation efforts. Innovative skills are essential to drive business outcomes, but they are not qualities that hiring managers are trained to detect.

View

How DMAIC, DMADV, and Innovation Management Are Different

Learn about the difference between Six Sigma and Innovation, and how DMAIC and DMADV are applied in project management while maintaining a balance between exploitation and exploration.

View

Most Companies Fail in 6 Months Because of This

Ignoring the risk of cyber attack can put 60% of small and medium-sized businesses out of business, and it is highly likely that you will encounter this risk.

View