How To Select Strategic Arenas?
Update: 2022-09-27
Description
How to Select Strategic Arenas?
Selecting strategic arenas is an important step in the innovation strategy definition, since it requires you to make choices between multiple interesting arenas. Then, a team must be designated to each strategic arena to define it. After identifying potential strategic arenas, you must select those that will be your area of focus.
The definition of the innovation strategy requires effort to determine the boundaries of each strategic arenas. To do so, you will need to identify a team to work on each strategic arena. Some strategic arenas might be mature enough yet, and you might want to dig more into it before actually working on it. Well, such strategic arena is called a Greenhouse.
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