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QUICK READ: How do you innovate in a risk-averse environment?

 2 years ago
source link: https://www.mindtheproduct.com/how-do-you-innovate-in-a-risk-averse-environment/
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Enterprise businesses are often risk-averse, making it challenging for a product manager trying to innovate. How do you work around the problem? How do you learn to sell the dream and encourage your risk-averse stakeholders to innovate with you?

In this post, we share six suggestions from product people who have found successful ways to work in a risk-averse environment.

1. Practise strong communication and empathy

Strong communication and empathy are prerequisites in a risk-averse environment. Emma McLaughlin has worked for a number of years as a product manager in the traditionally risk-averse and slow-to-change financial services industry. She’s accustomed to working in an organisation that is going through digital transformation and attempting to shift to a product mindset.

“Part of my job is to educate other par…


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