First of all innovation means taking a risk and now how can you minimize or balance between risks and innovation. Listening to customers is key Innovating means also pioneering. As a pioneer you will face issues and problems. Please always remember this is absolutely normal. No one make this possible before you. Stay tuned Risks minimizing means to set clear milestone and set clear goals for every milestone up to the targets. After all flexibility is key when innovating

AMBIDESTRIA Ambidestria é a capacidade de equilibrar simultaneamente duas abordagens opostas: inovação e otimização. Tratando de clientes internos e liderados, julgo que essa linha de equilíbrio é ainda mais tênue. Diariamente, a alta liderança precisa melhorar os resultados e KPIs, mas não pode deixar de preparar a próxima onda de inovação, que envolverá tecnologia, processos e necessariamente pessoas. Portanto, cuidar do fator humano, buscando equacionar as necessidades da empresa (sem prorrogá-los) com o momento de cada time é a maneira mais eficiente de manter equilíbrio sustentável na tomada de decisão.

Para mi, la honestidad es fundamental en cualquier relación, ya sea personal o profesional. Al ser honestos, se fomenta un ambiente de confianza mutua donde las partes se sienten seguras al compartir información, preocupaciones o ideas. Esto no solo fortalece los vínculos, sino que también permite identificar y abordar posibles riesgos de manera temprana y efectiva, promoviendo una colaboración más sólida y transparente.

As Jim Rohn said, if you are not willing to risk the unusual, you will have to settle for the ordinary! In order to balance the risk of innovation with client - ➡️ Engage clients to clarify their objectives, tolerances, and desired outcomes, ensuring alignment between innovation and risk appetite. ➡️ Maintain open dialogue with client to manage expectations, emphasizing shared responsibility for risks. ➡️ Use structured frameworks to evaluate risks associated with innovative strategies, considering probability, impact, and mitigation measures. ➡️ Run a pilot to reduce risks associated, while demonstrating value. ➡️ Adapt strategies based on ongoing feedback and changing market dynamics to mitigate unforeseen risks.

-Foster a Risk-Aware Culture: Encourage calculated risk-taking and view failures as learning opportunities. This approach helps create an environment where innovation thrives while risks are carefully managed. -Integrate Risk Management into Innovation: Embed risk assessment and mitigation strategies throughout the innovation process -Leverage Technology: Utilize advanced tools and technologies to enhance risk identification, assessment, and monitoring capabilities. -Continuous Learning: Stay agile and adaptable by continuously evaluating and refining your risk management strategies -Seek Diverse Perspectives: Engage cross-functional teams and external partners to gain a broader view of potential risks and innovative solutions.

Balancing Innovation and Client-Centricity In Sony Founder Akio Morita-san’s Made in Japan, he wrote that innovation needs targets, just like sales. As a technocrat, I’ve always disliked targets, focusing instead on creating solutions. But in business, the reality is clear: “お客様は神様です” (Okyakusama wa Kamisama desu), meaning, “The client is a god.” Client needs must always come first, with innovation taking second priority. This balance ensures we meet expectations while driving growth through creativity. #BusinessWisdom #ClientFirst #Innovation #AkioMorita #MadeInJapan #CustomerIsKing

Balancing innovation and risk requires clear communication, thoughtful planning, and a collaborative mindset. Start by understanding the client’s priorities and setting realistic expectations. Analyze risks thoroughly, weighing potential rewards against challenges, and propose small-scale pilots to test ideas before full implementation. Involve stakeholders to ensure decisions are well-informed, and use data to guide choices and measure outcomes. Transparency is key—explain trade-offs and share past successes to build trust. Focus on value-driven innovation that solves real problems while managing risks effectively. Finally, reflect on results to refine future strategies, striking a balance between creativity and practicality.