How to decide If your
innovation portfolio has
enough
→
stretch?
Silicon Valley firms use the following methods.
Balance between revolutionary and
evolutionary initiatives. First, Silicon Valley companies assess the
overall
→
balance between
revolutionary and
evolutionary
projects. The ultimate arbitrator of
portfolio stretch if the
innovation leaders’ judgment, experience,
intuition, and luck.
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→
Value Innovation
Internally,
→
corporate leaders
constantly ask, if we execute our portfolio successfully, where will
this
position our company a year or two from today?
>>>
Externally, Silicon Valley
executives test their
portfolios through their network of contacts, augmented with technical
conferences, trade shows, analysts’ reports, and
venture capitalist
briefings. The real challenge is learning not just what others are
working on but what level of success they’ve achieved.
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