Zombie ideas and Vampire ideas

Zombie ideas and Vampire ideas

Zombie ideas and projects in innovation teams are common and drain resources that could be used for more valuable projects. The sunk cost fallacy is the main reason why companies keep underperforming projects alive, but they harm progress and prevent valuable ideas from getting the resources they need to thrive. Killing zombie ideas may be painful, but it is necessary to clean up an innovation portfolio for healthier and more productive progress.