Stop Punishing the Innovators
Digital Intent partner and former Harvard Business School professor John Sviokla recently held the first of a series of workshops on growth and innovation in 2021. His guest was Robert Spivey, Director of Research at Valens Research, and the discussion was around how to stop punishing innovators. Most breakthrough innovations take five years to achieve anything resembling scale. But most business cases are 3 years or less, and most corporate tenures are 5 years or less. Not necessarily a recipe for success. So John and Robert discuss a couple approaches to fix this, drawing on insights from a 25,000 company global database on financial performance. If you enjoy this episode we’d love a review on whatever podcast platform you use. And if you’d like to learn more about how to drive growth and innovation in your own organization, visit us at www.digintent.com.