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STRUGGLING TO MANAGE YOUR INNOVATION PORTFOLIO? If so, read this instructive and amazing article by our Senior Director, Jonathan Bertfield to avoid the 'BIG 5 MISTAKES' he sees sink the innovation ship every time... Mistake 1: Not Making a Mindset Shift Too often, leaders choose to treat managing a portfolio of innovation initiatives exactly the same way they treat managing their core revenue-generating product initiatives. Leaders assume that the path to the potential commercialization of innovation initiatives is driven by more resources or faster execution. Instead, leaders managing a portfolio of innovation initiatives should focus on prioritizing learning ahead of revenue.  The mindset shift that ends up making the biggest difference? Establishing an environment where teams are encouraged to demonstrate strategic speed by learning quickly about their key uncertainties, rather than demonstrating operational speed by simply executing quickly on something that might not be the right solution. Mistake 2-5....read the rest here: https://lnkd.in/eGwZfGHg If you have any questions about what you read/learn, please comment below, DM us, connect with Jonathan or Ben, and/or book a 1:1 time with our CEO Ben Hafele below through July 2024. Schedule here: https://lnkd.in/e-PEMN5f. #leanstartupco #leanstartup #leanstartupmethod #innovation #newtech #b2b #businessgrowth #leadwithinnovation

5 Mistakes to Avoid When Managing an Innovation Portfolio

5 Mistakes to Avoid When Managing an Innovation Portfolio

https://leanstartup.co

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