Excited to be able to share this HBR article on boards & innovation. Linda & George did a great job summarizing some of the tensions inherent in governing innovation.
They outline four key challenges facing directors including:
Outdated innovation and risk agenda
Insufficient time
Lack of expertise
“Tell and sell” mindset
And offer four solutions:
Redefine board/management relationship as a partnership
Creative abrasion
Encouraging risk and living with failure.
Build diversity and collective literacy.