The Innovation Ambition Matrix can significantly contribute to the ROI of business transformation initiatives. It provides a strategic framework that helps organizations identify and prioritize innovative efforts that align with their business goals and capabilities. By plotting innovation strategies on the matrix, companies can balance their portfolio of initiatives, investing in a mix of core, adjacent, and transformational innovations. This balanced approach can lead to a diversified risk profile and potentially higher returns, thus improving the ROI of transformation initiatives.
Without adequate innovation, you risk falling behind in even what you do well. So how can an organiz...
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