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Ideas Don't Equal Innovation | N2Growth Blog

N2Growth Blog

Contingency : Nothing is without risk, and when you think something is without risk, that is when you’re most likely to end-up in trouble. All initiatives surrounding new ideas should include detailed risk management provisions. Be careful of high level, pie-in-the-sky projections.

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C'mon, IT Leaders. Take a Chance!

Harvard Business Review

Execution risk: A wrong execution model or poor execution can make a project run too long and cost too much, leading to a total loss of focus and a reduction in value creation. It also comes from not adequately considering the organization''s energy, skill, and policies to accomplish the project.

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Four Simple Low Resolution Innovation Tests

Harvard Business Review

In Procter & Gamble facilities you often will see project teams pitching new ideas outside the corporate cafeteria. As my colleague Matt Eyring described in a recent Harvard Business Review article , we had meticulously studied the market, and the projections looked solid. Test the idea among your employees.