Innovation introduces new risks to operation models that may lead to cost and unpredictability. There are five ways to reduce innovation risk, which include aligning innovation to strategic goals, having executives provide resources and funding, and conducting innovation at speed.
The traditional consulting business model is being reinvented to create better value for customers, firms and the ecosystem.
The psychology of winning and self-fulfilling prophecies are essential to success in innovation management. Key attitudes towards achieving success are discussed in this article.
