Author Archives: Brennan McEachran

How to Run a Successful Innovation Challenge

Nothing is more intriguing, inspiring, and engaging than a good old-fashioned challenge. Whether you want to build a culture of innovation, reach employees in a meaningful way, or search for immediate ideas to solve pressing problems, an innovation challenge may be the answer. What Is an Innovation Challenge? An innovation challenge is an effective way to inject some energy into ...

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Risk and Reward of Innovation

The concept of risk often carries an inherent bias for an established company and for valid reasons.Risk can disrupt a healthy revenue stream, a stable customer base, and upset shareholders who like predictable results. Risk is something you manage. It’s something that you mitigate, not embrace. It’s this mentality that causes companies to invest millions of dollars each year just to avoid risk.

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