How to Calculate Opportunity Cost: A Guide for Innovation Teams
Learn how to calculate opportunity cost for innovation using Revenue per Employee. Understand the true cost of assigning team members to new projects.
210 articles on innovation, lean startup, and entrepreneurship
Learn how to calculate opportunity cost for innovation using Revenue per Employee. Understand the true cost of assigning team members to new projects.
Learn the five levels of innovation metrics—individuals, teams, projects, portfolios, and ecosystems—and how to apply the right measurements at each stage.
A carbon-neutral economy is inevitable. Without an environmental innovation strategy, America risks becoming the next Blockbuster while competitors lead.
Learn how to properly fill out a 2x2 risk prioritization matrix using relative axes, fast placement, and deprioritization to find your one top priority.
When you can't get out of the building, adopt a hacker mindset. Creative tactics for customer validation during lockdowns and remote work constraints.
Avoid the two biggest innovation program mistakes: building from scratch or copying others. Learn how to borrow ideas, then experiment until they fit.
ZEBRA stands for Zero Evidence But Really Arrogant — and it's more dangerous than the HiPPO. A reminder to stay data-driven in every decision.
Learn how to set department-level innovation KPIs based on your biggest obstacles — and why vanity metrics like raw idea counts will mislead you.
A quick-reference guide to quantitative experiment design — from picking actionable metrics to avoiding confirmation bias and common statistical errors.
Apply Liebig's Law of the Minimum to your innovation ecosystem. Find the single biggest bottleneck limiting growth and fix that first.
An innovation ecosystem isn't a list of accelerators and investors. Learn why the relationships between elements matter most and how to leverage them.
DHL's Startup Lab uses independent budgets and stage gates to drive innovation inside a 500K-employee company. Here's what product managers can learn.