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16min chapter
David Rogers - The Digital Transformation Roadmap Part 2
The Innovation Show
Importance of Governance in Innovation and Paths to Growth
This chapter explores the significance of governance in innovation within organizations, outlining the innovation stack and emphasizing the importance of getting governance right. It discusses three paths to growth: innovation within the core business, uncertainty within the core business, and opportunities outside the core business, each requiring different management approaches. The chapter also highlights the need for established businesses to prioritize and validate new ventures before scaling, using Walmart as a case study.
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