How to allocate resources for innovation - Deepstash

How to allocate resources for innovation

Use scorecards to allow people to see the logic behind your strategic choices and lay out what good looks like for your strategy.

  • In a meeting, have everyone identify two initiatives or ideas they were involved with developing recently (one which was a good strategic fit and the other that they'd have preferred not to be involved in.)
  • Identify and document up to five factors that made the difference between the two.
  • Identify common themes that emerge.
  • Score a few actual projects.

You should now have a set of statements that define what good and bad look like.

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harleyjj

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