INNOVATION Projects and RISKS walk together. There is not "one" without the "other". Actual times provide us with several SW tools to manage RISK but the most important one is a EFFECTIVE LEAD: - Clear and short communication cycles - Be Straight to the point - Provide clear deadlines - ASSURE the message has been understood - Follow up regularly By being Precise, Clear and Objective you reduce significantly the RISK IMPACT on your project.

We can plan to test ideas at early stage preparing for different outcomes involving cross functional teams and also listening to customer feedback

Successful innovation necessitates a systematic but flexible strategy. We encourage our teams to think imaginatively by creating staged risk gates at critical project milestones. By breaking down new ideas into smaller, testable phases, we can validate concepts early and pivot if necessary. This balanced approach sustains our innovation momentum while protecting project outcomes through effective risk management.

In order to maintain a healthy balance between innovation and risk analysis, incorporate risk assessment at the outset, engage all relevant parties, and conduct scenario planning to highlight possible risks. In creative processes, Agile approaches allow for constant monitoring of risks, which gives room for quick changes without inhibiting creativity.

Evaluate the levels of success during the "innovation" phase for the new product from concept to final deveopment/execution. Be ready to change at any time as factors affecting the success or failure of the innovation will require a certain "nibleness" to optimize return.