CHAPTER 16
How to Hand Off an Innovation Project from One Team to Another
by Joe Brown
Companies invest millions in coming up with breakthrough innovations, but a sickening number of those investments fail. The truth is that you can have the right portfolio of investments, the right metrics and governance, the right stage-gate development process, and the right talent on the right teams, but if you don’t design the right handoffs between your teams, all of that planning falls apart.
If innovation projects are going to succeed at scale in the marketplace, they’ll need to survive a handoff from an innovation team to an execution team. And every time you create a handoff, you risk dropping the baton.
For example, one major Asian electronics company ...
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