Taking risks is essential in innovation, but established businesses often hesitate. Jaylen Bledsoe's success story teaches us that finding the right time to take a risk can make it easier and lead to success.
To implement a successful innovation strategy, it's important to define both macro and micro innovation goals. The former relates to the purpose of innovation within the organization, while the latter focuses on specific measurable outcomes.
Innovation challenges are time-limited idea collection campaigns focused on specific topics that generate fresh ideas from employees or customers.