The majority of successful startup ideas are inspired by actual events and factors, rather than brainstorming or inspiration, according to recent research.
A cost management plan is crucial to ensure the project can be executed within budget and quality standards. It outlines how project costs will be planned, funded, and controlled.
The Three Horizons methodology is a valuable approach towards managing innovation. It enables businesses to look into the future and transition between short, medium, and long term innovation activities.