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The Board's New Innovation Imperative
Hill, Linda A.; Davis, GeorgeArticle HBS-R1706G-EEntrepreneurshipAs firms scramble for competitive advantage, boards--once the cautious voices urging management to mitigate risk--are now calling for breakthrough innovation. Indeed, avoiding risk is now seen as the riskiest proposition of all. In speaking with CEOs and board members from a range of industries, the authors identified four common obstacles most boards face in governing innovation: an outdated risk agenda, insufficient time, lack of expertise, and...Starting at €8.20