Innovation managers can balance the risk and reward of innovation by allocating resources in a 70:20:10 ratio for core, adjacent, and disruptive innovations.
What is the best proportion of your innovation budget to spend on improving your existing business, exploring and transforming your business? A research report by Innovation Leader and KPMG found that the average ratio is 49-28-23%, with variation by industry.
Board of Innovation's re-designed Theory of Change model helps achieve social impact by simplifying the process and maximizing collaboration.
