What is the appropriate level of balance and comfort for your innovation portfolio? I’ve been experimenting with a hypothesis: Is possible to determine the level of risk tolerance for a department and then match the innovation portfolio to that risk tolerance? Looking at your portfolio as a whole and concentrating on the overall returns on your portfolio over time will give you a better outcome than a haphazard approach to individual projects.
Managing Innovation Portfolios – the Assess-Adjust-Match Method
Director, Center for Law, Technology & Innovation Michigan State University College of Law
Dennis Kennedy is the Director of the Michigan State University Center for Law, Technology & Innovation, the author of the book, Successful Innovation Outcomes in Law, and the founder of the Law Department Innovation Library. He writes and speaks frequently on legal innovation and technology topics. He has co-hosted The Kennedy-Mighell Report podcast on legal technology with Tom Mighell since 2006.