For many, radical innovation is seen as real innovation, whereas incremental innovation is more of a 'must do' for maintaining the existing business. To a certain extent this judgment is true. However, for a healthy innovation portfolio, a balance between both types of innovation is essential.
The 'Managing a Portfolio of Innovations' webinar at 12:00 EST on May 29th will give an overview into the complete process for managing an innovation portfolio: from ideation to prioritization to selection, and onto to allocation and adaptation.
This discussion will look further into this relationship:
- To what extent should a company pursue 'disruptive' innovation?
- How much time should be dedicated to each area of the innovation portfolio?
- How sustainable is a model based solely on incremental innovation?