LTH Insights for Law Firms/STRATEGIC VS OPPORTUNISTIC INNOVATION PROCESSES

Strategic vs Opportunistic Innovation Processes

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One would assume innovation managers know how to improve the innovation process to near perfection. Yet, in most organizations the innovation process performs abysmally with fewer than 20% of projects delivering up to expectations. By studying the innovation processes of many firms , we have learned that there are two ways to organize the innovation process: Strategically or Opportunistically.

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