How to Manage Risk in Innovation

Innovation is a risky activity. There are many examples of technologies or products which failed in the market. Also there are many examples of innovative companies which failed or went bankrupt. So the question is what can be done to minimize risk in the innovation process? This blog discusses the concept of risk, how to

Engaging Stakeholders for Success

When you manage your innovation project, it is important to engage your stakeholders. Stakeholders are persons who are able to influence the outcome of your project or are impacted by the outcome. When you neglect your stakholders, it can mean that some stakeholders will oppose your project, resulting in less effectiveness or even complete failure. This blog presents