Trying to work on the next big thing in software without bankrupting the company on research and development can be a tricky balancing act. To successfully manage such operations, leaders need to think tactically.
Reza Rooholamini is the Vice President of Enterprise Architecture and Technology at CCC Information Services Inc. One way that CCC has managed this issue is by creating an innovation lab that functions as its own startup within the company. On this week’s episode of Innovation and the Digital Enterprise, Reza discusses the pragmatic approach that CCC takes toward innovation.
Listen in for Reza’s four-pronged approach to successful innovation and his criteria for success.