Tag Archives: idea software

Risk and Reward of Innovation

The concept of risk often carries an inherent bias for an established company and for valid reasons.Risk can disrupt a healthy revenue stream, a stable customer base, and upset shareholders who like predictable results. Risk is something you manage. It’s something that you mitigate, not embrace. It’s this mentality that causes companies to invest millions of dollars each year just to avoid risk.

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5 Ways to Harness Innovation Tools

Once you have an innovation tool within your company, you might be wondering what process you might implement in order to encourage idea development. We've come up with a few best practices below of policies and practices to implement in order to truly get discussions going on ideas ...

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