Advice to Innovation Boards: Make Frequent, Fast Decisions

Advice to Innovation Boards: Make Frequent, Fast Decisions

Innovation boards work best when they make frequent, quick decisions and give their teams the freedom to interpret data for themselves.

Tristan Kromer
5 minute read
The Most Common Error in Business Forecasting

The Most Common Error in Business Forecasting

To avoid errors in your business forecasting, you have to know how to average your best-case and worst-case scenarios.

Tristan Kromer
6 minute read
Advice to Innovation Boards: Don’t Make Decisions

Advice to Innovation Boards: Don’t Make Decisions

The decision to continue, pivot, or kill a project should be made by the innovation team running the project, not the board that funds it.

Tristan Kromer
6 minute read
Digital Transformation vs. Exponential Transformation

Digital Transformation vs. Exponential Transformation

Taking your company through a digital transformation isn’t going to turn it into the next Google. What you want is exponential transformation.

Tristan Kromer
8 minute read
Advice to an Innovation Board: Agree to Disagree

Advice to an Innovation Board: Agree to Disagree

Disagreeing on a project is a sign of a healthy Innovation Board. So is agreeing to move forward with a plan that not everyone supports.

Tristan Kromer
4 minute read
Calculating the Value of Your Innovation Team

Calculating the Value of Your Innovation Team

You’re not making a complete decision about your innovation investment process unless you account for money, people, and time.

Tristan Kromer
5 minute read
What Is Innovation Accounting?

What Is Innovation Accounting?

Why innovation accounting is a useful tool for monitoring your ecosystem.

Tristan Kromer
12 minute read
The Hidden Investor in Corporate Growth Boards

The Hidden Investor in Corporate Growth Boards

Corporate innovation projects need to account for the hidden investor: middle managers who lose resources from their day-to-day operations.

Tristan Kromer
7 minute read
How to Calculate Opportunity Cost of Innovation

How to Calculate Opportunity Cost of Innovation

When calculating the costs of your innovation program, don’t forget to include opportunity costs — the money you’re not making by doing something else.

Tristan Kromer
9 minute read

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