The stage gate innovation process has many drawbacks, so a simpler and faster process called small wins innovation has been developed. It consists of 6 steps: goal, create, test, measure, learn, and share.
Innovation is everybody's job but leadership and guidance is still required. An innovation team can facilitate company-wide involvement and provide necessary structure to achieve a balance.
Learn how risk management and innovation management can go hand in hand by identifying risks and turning them into opportunities.
