Judiciousness is critical for breakthrough innovations to provide lasting value, and build a successful business. Based on sound principles, and grounded in disciplined practice, judicious innovation creates clarity, fosters creativity, empowers teams, ensures responsible investing, delivers financial and cultural returns. This paper summarizes learnings from multiple sources with the goal of providing a single resource for anyone interested in driving innovation in today’s constrained economic climate. It emphasizes principles and practices for mission-driven organizations that serve high growth industries constrained by limited resources. The paper is more focused on cultural and organizational elements than detailed execution processes.
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