INNOVATION AND RISK MANAGEMENT
Executive Summary 3 Innovation and Risk Management: An Introduction 3 Invention and Innovation: The Concept 5 Innovation to Achieve Growth 5 Innovation and Risk Management 6
Recommendations 9 Conclusion 9 References 11 Executive Summary Innovation is leading to newer products and technology advancements in today's business scenario. While it promotes growth and profitability, there lurch equally good chances of running into grave business risks. It is important to a business to avoid risks; risks cannot be avoided in totality. The key lies in taking calculative risks by which the organization can reduce the chances of losses and increase the ...
