Governance: The Critical Link Between Innovation and Commercial Success (AI voices Arkaro content)
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Welcome to the Arkaro Insights podcast. This episode is based on original content developed by Arkaro. At Arkaro, we're committed to innovation in everything we do—including how we share our insights. We've utilised advanced AI technology to transform our written expertise into this conversational format, making our content more accessible and convenient for our busy B2B audience. What you'll hear is a two-person discussion generated through AI voice technology, designed to deliver our insights in a more engaging way than traditional reading. As we continue to evolve this approach, we genuinely value your feedback. Thank you for listening to Arkaro Insights, where professional expertise meets innovative delivery.
Full article: 5 Innovation Governance Failures Killing Your Product Launches
The difference between innovation success and failure often lies not in the idea itself but in the governance systems that shepherd it from concept to market. In this eye-opening episode, we reveal how most product launch failures are in fact governance failures that occurred 18-36 months earlier in the development process, creating vulnerabilities that become catastrophic by launch time.
We meticulously unpack the five critical governance failures undermining commercial innovation success: the inability to kill doomed projects early, poor KPI design that rewards counterproductive behaviors, strategic drift that fragments resources, portfolio pruning failures leading to resource starvation, and inadequate launch readiness governance. Through real-world examples and evidence from companies like Bosch (which terminates 70% of early-stage ideas as "necessary success"), we demonstrate how these hidden governance missteps silently kill promising innovations.
The episode reveals striking evidence that companies with effective innovation governance achieve marketplace success rates 2.5 times higher than their peers, with top performers generating 50% of their five-year sales from new products. We provide actionable frameworks for building "gates with teeth" - governance systems with clear decision authority, cross-functional gatekeepers, objective criteria, and funding tied directly to gate decisions. You'll learn how to design balanced KPI systems that encourage the right behaviors and how to integrate project and portfolio governance for optimal resource allocation.
Whether you're struggling with "zombie projects" that drain resources, KPIs that subtly encourage the wrong behaviors, or strategic drift that fragments your innovation efforts, this deep dive offers practical solutions for building governance capabilities that drive consistent commercial success rather than occasional lucky wins. Visit arkaro.com to learn how we can help your organization implement these governance principles or email [email protected] for a free consultation about your specific innovation challenges.
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Chapters
1. Introduction to Innovation Governance (00:00:00)
2. What Is Innovation Governance? (00:03:01)
3. Five Critical Governance Failures (00:05:43)
4. Seven Launch Readiness Dimensions (00:18:48)
5. Building Better Governance Systems (00:20:19)
6. Key Takeaways and Conclusion (00:23:54)
33 episodes