Make it easy to fail: Innovation teams today can leverage technology to enable simultaneous micro experiments, reducing the financial cost of failure. The professional cost of failure, however, needs to be addressed. A failed attempt at developing a product or business model should also be rewarded if the learning can help others succeed.
HIGH FIVE
“Create an ecosystem that encourages innovation at multiple levels”
Rishad Premji, chief strategy officer, Wipro on five ways to foster a culture of innovation
|
Published 3 years ago on Apr 24, 2019 • 1 minute Read
Editor's Pick
Most Popular
Summer wine and salad
Kishore Singh - January 19, 2015
A double topping for growth
Meghna Maiti - January 15, 2015
The million-dollar question: Is investing a game of luck or skill?
Shankar Sharma - May 04, 2021
Scriptures for success
Kripa Mahalingam - January 27, 2015
Every crisis is an opportunity, if you are on the right side of equities
Samir Arora - May 04, 2021
