The AIM Institute > Awkward Realities > Make your decision when you’ve gathered the most facts and spent the least money.

Awkward Reality #168

Make your decision when you’ve gathered the most facts and spent the least money.

Dan Adams |
168 Uncover Facts

I call this the golden rule of investment. In the case of innovation, it explains why the front-end-of-innovation is the critical battleground. The winning company is the one that most efficiently learns whatever intelligence is needed to drive this important decision: “Should we advance this project into the costly development stage?”

More in article, Should Your Stage-Gate® Get a No-Go?

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