Technology is transforming the financial industry with fintech solutions such as online banking, AI-powered fraud detection, and blockchain technology.
Companies should not blindly follow the 70/20/10 innovation rule, but instead create a diversified innovation portfolio with a mix of incremental, transformative, and disruptive innovation.
Effective portfolio management is crucial for businesses to achieve their innovation objectives. Dashboards, particularly ITONICS Dashboard, can help organizations visualize portfolio health and optimize strategic action.
