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The Role of Risk Management in Disruption & Innovation

We live in an age of disruptive innovation, as a number of new technologies make possible innovations that threaten traditional industry structures and economics. Incumbents turn to innovation as a means to stimulate growth or ensure survival, however innovation is also not without risks. The opportunity for risk managers in established organisations is to rethink some fundamental risk management techniques, adhering to the adage: ‘disrupt yourself, before you are disrupted’.

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Posted in Innovation, Risk management

Managing innovation risk – for startups, new ventures, and their funders

Innovation is increasingly important to individuals, organisations and economies. However, startups and new ventures have a high failure rate. This article outlines three keys to managing innovation risk in order to improve the chances of success.

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Posted in Innovation