How to Decide Which Innovation Projects to Greenlight
Business
A study of different decision-making modes suggests which processes work best in different situations. When selecting new innovation projects, some committees prize consensus — and thus end up funding only ideas whose success is plain to see, which is often an incremental innovation. Meanwhile, venture capitalists looking for the next big thing might do the opposite, picking projects on which they disagree. These types of project selection quandaries are reflected in new research, which models
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