Webinar: Innovation in Uncertain Times
January 27, 2021
Managing the risk has always been a big challenge with innovation. And now that risk is greater than ever because the environment we live in has added another level of uncertainty. But lean innovation is addressing many more principles to let innovation thrive in any environment.
The problem with innovation is that you know very little about the new product or service that you are developing and you have to first develop at least a piece to find out. And the faster you get that done and the less you have to invest in that effort the more successful you will be.
Lean innovation thinking takes cues from lean start-up, agile development, innovation risk management and other revolutionary methods to manage the fuzzy front end of the innovation process. It follows up with knowledge based principles for the technology development and flow based factory like systems for the development of the product itself.