Innovation helps us solve problems and make our lives better. But when it comes to risk management, Innovation has a limited role. People are the ones who create, assess, and manage risk. We must understand how people interact with Innovation to maximize its potential while mitigating any risks that arise from its use. By taking …
People Are The Ones Who Create Risk—Not Innovation Read More »
Passion + Purpose = Innovation is the belief that when individuals are driven by their passion and have a clear purpose, they can create groundbreaking ideas and solutions. Passion fuels creativity, while purpose keeps us focused and on track to achieving our goals. When these two aspects of life intersect, innovative ideas begin to form. …
Can be a double-edged sword that can cause organizations to become complacent, overconfident, and risk-averse. Innovation is critical to avoiding the problem of becoming too comfortable with success. It requires creativity, resourcefulness, and willingness to take risks. Companies must keep their competitive edge by continuously innovating in order to stay ahead of the competition. Organizations …