Innovation in Compliance: Moving to the Front Lines of Compliance, Part 5-Lily Pads

Thomas Fox - Compliance Evangelist
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So far in this 5-part series, we’ve dived deep into the different aspects of ‘front line’ compliance. For the final episode, Tom discusses the process of innovation itself. In an article in the MIT Sloan Management Review, entitled “Finding a Lower-Risk Path to High-Impact Innovations," authors Joseph V. Sinfield and Freddy Solis came up with a different method to view the innovation process. They call it the ‘Lily Pad’ approach, and Tom breaks down some interesting ways to apply it.
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