Risk Management Lessons from the GAO

The National Defense Authorization Act directed the Government Accountability Office (GAO) to annually assess a sampling of Department of Defense (DOD) major automated information system (MAIS) programs. The act requires that the GAO assess programs in terms of cost, schedule and performance targets, risk management practices, and acquisition best … [Read more...]

Manage Innovation Risk with a Disciplined Approach

Most senior executives recognize the importance of innovation, yet they are disappointed with the results of their innovation programs. Too many firms are risk averse, following a strategy of low-end incremental product extensions rather than investing in real breakthrough innovations. A recent Accenture study of over 500 executives shows that … [Read more...]