Episode #5 - How an innovation budget can make you feel more comfortable to take risks
The Innovate For Impact podcast is for leaders in the social sector who want to create a more innovative and impactful organisation. Each episode is jam packed with tips on how you can deliver more impact, and we bring you stories from other leaders in the sector that are making a difference.
In this episode, Dan Bentley & Tracey Newman unpack innovation budgets. The benefits for your organisation, how ‘ring fencing’ funds can make you more comfortable with taking risks, and some tips on how you can get started.
Here's a taste of what Dan & Tracey cover during their conversation
Dan talks about the importance of having an innovation budget and how it helps leaders become more comfortable in taking risks.
How having a budget for change helps people get excited, inspired and motivated in coming up with innovative ideas.
The process of setting up the innovation budget so that it works well within the organization. What you need to do to get started and some common misconceptions to be aware of.
Links from the episode