article thumbnail

Match Your Innovation Process to the Results You Want

Harvard Business Review

Incremental innovations can be managed at the operating levels where the people know the customers/consumers best and decisions can be made in a more consensus-driven way with input and agreement between all stakeholder functions. Because consensus and familiar metrics are death to breakthrough. The risks-rewards are relatively low.

Process 15
article thumbnail

Still Many Ways to Skin a Capital Cost

Harvard Business Review

To make sure they're comparing apples to apples, they discount those future cash flows to arrive at their net present value. Did it surprise him to find that there was so little consensus on the best way to solve the problem of assigning a cost to capital?

CAPM 13