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up to 80% of your innovation budget is wasted
do you know the hidden costs of innovation?
a large part of all costs in an innovation project do not really contribute to the final product.
hidden costs are
yes-you've probably also been there and done that, right?
it's not that easy to implement...
it's based on the fact that...
people simply can't be innovative all the time
people are losing motivation while projects take away too much time
people tend to loose focus when trying to work in multitasking
we needed 15 years to establish this approach in our company
and we definitely experienced lots of struggles while going that way
but the biggest costs are the so called anyway there costs.
these are costs that are there anyway. no matter if you make good progress with your innovation or not.
for instance the costs of the team that are working on the project
want deeper insights?
we found out how to reduce costs by up to 80%
just follow or take part in our linkedin live every second friday
or keep on burning money it's your choice ;-)