Balancing Growth, Innovation, Cost and Risk in a Turbulent Environment

ID Number: G00170160

21 August 2009

Kathy Harris

As organizations prepare for return to growth, they need a balanced set of capabilities to outperform the competition. But balance is only good for a day, and competitors are always changing the rules. Organizations must continually revisit strategies for managing growth, innovation, cost and risk.

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Pages: 13

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Table of Contents

Analysis

1.0

The Balancing Act: Managing Growth, Innovation, Cost and Risk

1.1		The Relationship of Cost and Growth
1.2		The Relationship of Innovation to Growth and Cost Cutting
1.3		The Relationship of Risk to Cost, Growth and Innovation

2.0

IT's Roles and Responsibilities in the Balancing Act

3.0

The Landscape of Opportunities in Growth, Innovation, Cost and Risk

3.1

Growth Management: Landscape and Methods

3.1.1		Other Challenges in Growing the Business
3.1.2		Sources and Actions for Business Growth

3.2

Innovation Management: Landscape and Methods

3.3

Cost Management: Landscape and Methods

3.4

Risk Management: Landscape and Methods

Recommended Reading

List of Tables

	Table 1.	Sources of Business Growth and Actions to Invoke Growth

	Table 2.	Dimensions of Innovation and Examples

	Table 3.	Key Actions in Cost Management

	Table 4.	Seven Dimensions of Risk Management

List of Figures

	Figure 1.	The Relationship of Growth, Cost, Innovation and Risk

Reducing or Controlling Costs
Accelerating Innovation
Enterprise Risk Management
Driving Business Growth

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Resource Id: 1143212