[vc_row][vc_column][vc_column_text]If your organization is focused on adjacent, incremental or breakthrough technologies you will need a strong scouting team to get the work done. It all begins with budget planning and understanding your market. From there you can make the right decisions on the people, process and technology needed to succeed and ensure that the go to market is a success. In the Harvard Business Review article, Managing Your Innovation Portfolio, the data revealed that companies that allocated about 70% of their innovation activity to core initiatives, 20% to adjacent ones, and 10% to transformational ones outperformed their peers, typically realizing a P/E premium of 10% to 20%.[/vc_column_text][vc_empty_space][vc_column_text] 1. Hire a Dedicated Scouting Team: # of team members (2-5 people) Building a scouting team requires a staff including a Product Manager/Portfolio Analyst, Innovation Manager, and a research team to perform the scouting functions needed to support the effort. We have researched these roles...
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