March 16 - 19, 2008  |  Rancho Mirage, California
Published: March 18, 2008
Budgeting for innovation
 

Learn how to plan for innovation while balancing the budget for experimentation.

Time was, agencies budgeted 10 percent of their budgets for experimentation. These days, some say that’s too much, while others say that’s way too little.

  • How do you plan for innovation?
  • Where’s the balance?
  • How much should you spend on new and interesting thing that aren’t yet proven?
  • What’s the cost of waiting for case studies or critical mass vs. what’s the cost of jumping in too soon?
  • How do you sell the future when there’s no precedent?
  • What are the benefits of success or the costs of failure?
  • Does the size of your agency and client matter?
  • How do you set expectations for failure when chances of success are so low?

Listen in on John Durham and his panel of experts as they answer these questions.


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Speaker(s): John Durham, Jonathan Adams, Sean Cheyney, David Goodrich, Michael Parker, Paul Ratzky

Format: 00:54:09, 61.9 MB, MP3