Category: Innovation management

Innovation always involves a certain degree of risk, but to succeed, the organization must dare to take calculated risks. CoS plays an important role in creating risk management structures that do not stifle creativity and innovation. This means using models such as Stage-Gate to evaluate and prioritize projects, as well as establishing clear criteria for risk assessment. CoS should also promote a culture where failure is allowed and lessons learned. In the case of major changes, it is important to involve trade union partners and ensure that risk management is transparent and inclusive. By balancing risk and innovation, CoS can create an environment where the organization dares to invest in new ideas without compromising stability and long-term success.