If your R&D looks like a black box to management, you’ve probably noticed that their patience can run out rather quickly. But when you de-risk projects transparently with management, they are much more tolerant of unavoidable delays and setbacks.
You do this in three steps: 1) Generate assumptions… possible landmines that could “blow up” your project. 2) Rate assumptions… for likely impact and certainty. 3) Investigate assumptions… especially high-impact, low-certainty assumptions. This 2-minute video explains the process: How to pursue transformational projects.
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