Case History on Rationalizing Risk in Innovation

Moderator:
Vineet Shrivastava, Vice President, Strategy & Program Management, GE

Abstract:
Innovation helps companies grow, be relevant, and differentiate themselves but innovations also carry risks. In this case history, we will discuss the key risk categories while executing on innovation programs, and how employees at all levels can leverage frameworks, tracking, and reporting, to mitigate risks and strike the right balance between reward and risk involved in the innovation process.

Key Take-Aways:

• A framework on how to identify, quantify and manage risks while developing new products, services, or operating model
• Insights on the importance of tools, metrics, and leading KPI’s in proactively managing risks during different stages of innovation
• An understanding of how to engage the top leadership, avoid surprises, and build transparency on potentials risks and impact