Your worst enemy as an innovation lab? Too much budget
Innovation labs create new future business opportunities. Those opportunities are found when thinking outside the box, being creative with little resources and having a sense of urgency.
In my experience having too much budget tends to slow this process down and make the results worse:
teams get complacent, lack a sense of urgency and do wasteful capital allocation to projects and resources that are not feasible or don't actually create value.
Less is more.
