No maybe

Best innovation boards:

• meet innovation teams regularly;
• don't waste time on "status reports;"
• don't engage in pitching or brainstorming;
• expect innovation teams to propose the next step and required funding;
• expect innovation teams to back their recommendations with data and insight;
• clarify any and all strategic priorities and postures regarding relevant matters;
• match their investment criteria to the maturity of the initiative;
• protect the innovation budget by releasing it in tranches;
• make a yes or no investment decision, no maybes;
• document their investment decisions; and
• involve other senior leaders when needed.

Innovation boards, also known as venture or growth boards, are special-purpose governing bodies with mandate to invest into innovative projects and ventures.

This July I will do a deep dive into effective innovation boards in London:

The Innovation Organisation Advantage

The Innovation Organisation Advantage · July 3, 2026 · London, UK

Bruno PešecBruno Pešec