The Five Stages of Innovation: Ideation, Screening, Experimenting, Commercializing, and Scaling.
A sunk cost is a cost that has already been incurred and cannot be recovered.
Innovation-led growth is business expansion driven by the strategic implementation of novel ideas and solutions.
An Innovation Charter is a method of opportunity management used to create and formalize an organization's commitment to innovation.
Learn how to make idea sourcing sustainable with a sound process. Pam Didner explains how Dell and Starbucks keep cultivating innovative ideas for the long-term.