The Failure of Innovation Training
Innovation teams have relied on workshops and culture change to drive outcomes. But skill and mindset training alone won’t achieve results. We must drive data flow through the entire organization to realize the value of these methods: Drive strategy with qualitative insights using design thinking; lower the cost of innovation through lean startup and agile methods; increase your chances of success by using the lower costs to test more ideas; quantify your opportunity and odds of success through innovation accounting; adjust your strategy, allocate resources, and get to scale based on the odds of success and opportunity size.