Excersice 9 of 12
In Progress

Culture of Innovation

Empowered 05/03/2023

Failure happens, so the importance is to fail well.

  • Be honest with yourself (often we run out of resources before we run out of options)
  • Be honest with your stakeholders (make sure they understand the situation)
  • If cuts are necessary, make them quickly (before it’s too late)

Measure and track innovation

  • Set clear goals and regularly track progress..
  • Create a system for capturing and tracking ideas
  • Keep up with industry trends.

Walk in your customers’ shoes

  • Define your customer – Know who your customers are and where they come from.
  • Identify points of interaction – How your customers interact with you.
  • Observe their behavior in real-time – Analytics help better understand and fulfill your customers’ requirements.