Can You Use a Net Present Value Formula for Innovation Projects?

Can You Use a Net Present Value Formula for Innovation Projects?

What is the Net Present Value formula and how can it help you manage your innovation costs?

Tristan Kromer
7 minute read
Make Strategic Decisions Based on Evidence

Make Strategic Decisions Based on Evidence

Learn the importance of making strategic decisions based on evidence rather than experience, and the benefits of keeping decisions close to the information to drive better outcomes in innovation projects.

Tristan Kromer
5 minute read
Why Speed Beats Perfection in Product Experimentation

Why Speed Beats Perfection in Product Experimentation

Discover the impact of prioritizing speed over perfection in product experimentation and the advantages of continuous iteration for better outcomes.

Tristan Kromer
6 minute read
Is Your Innovation Team Contributing to ROI?

Is Your Innovation Team Contributing to ROI?

In tough economic times, innovation teams need to be disruptive while still contributing to the bottom line.

Tristan Kromer
2 minute read
Advice to Innovation Boards: How to Show Up

Advice to Innovation Boards: How to Show Up

Innovation board members should show up at meetings prepared and ready to support their innovation teams.

Tristan Kromer
5 minute read
Investing in Innovation: The Weight of Experience

Investing in Innovation: The Weight of Experience

Innovation board members must be careful not to let their past experience prevent them from supporting new ideas and products.

Tristan Kromer
5 minute read
Governance and Portfolio Management in 2023

Governance and Portfolio Management in 2023

A video discussion on what governance and portfolio management will look like in the coming year, and what that means for the innovation game.

Tristan Kromer
3 minute read
Using a Monte Carlo Simulation to Forecast Innovation Outcomes

Using a Monte Carlo Simulation to Forecast Innovation Outcomes

A Monte Carlo simulation runs multiple simulations to predict a range of outcomes for your business or mission-impact model.

Tristan Kromer
21 minute read
Innovation in 2023

Innovation in 2023

If you want to continue innovation in 2023, you need to weather the recession with quantifiable contributions to the bottom line

Tristan Kromer
3 minute read
Innovation Accounting in Practice

Innovation Accounting in Practice

As an early-stage venture, you don’t need a business plan, but you do need a hypothesis-driven business model from Day Zero.

Tristan Kromer
9 minute read

Subscribe & keep up to date

Our weekly newsletter features articles, programs, and events from Kromatic and our friends across the innovation industry.