Part 7/11:
Risk aversion, stemming from fear of failure
Insufficient skills and organizational constraints
Lack of continuous prioritization based on business impact
He stresses that 95% of innovations fail before launch—often due to unclear objectives, loss of focus, and inadequate collaboration. To counter these, organizations must prioritize use cases based solely on potential business impact, avoiding distractions by chasing every promising idea.
Lessons Learned and Best Practices
Several key lessons emerge:
- Prioritize impact over volume: Instead of running numerous experiments just for the sake of data, focus on the quality and relevance of experiments that align with strategic goals.