Trends in Innovation Leaders: Greater Risk and Big Bets

Innovation Leaders research indicates that high-growth companies are willing to take greater risks and make big bets, avoiding incremental growth and focusing on radical innovation opportunities. Companies such as Alphabet, Apple, and Lego have been successful in identifying and pursuing new opportunities. These bolder companies want to replicate the success of leading global organizations and mitigate the threats of disruption from fast-growing unicorn start-ups. The corporate appetite for risk is changing, and more business leaders are willing to be bolder. The report highlights companies are displaying three core innovation characteristics that are helping them place and gain rewards from bigger and bolder bets - Foresight and Insight, Incubation, and Collaboration and Sharing.