Innovation Growth Boards For Commitment And Management Buy-In

Innovation and governance may seem contradictory, but an effective innovation governance model is crucial for navigating new and uncertain spaces. Commitment is imperative for organizations to execute against their innovation strategy and invest in change for sustained growth. One way to achieve this is through a growth board, a group of senior executives who regularly review, discuss and fund new growth initiatives. Using a digital roadmap and metered funding, growth boards can manage a balanced portfolio of innovation initiatives for both core and disruptive areas. ITONICS software can help organizations manage data and make informed decisions.