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.