Board focus on innovation--New evaluation toolkit required

Excellent article on how traditional project evaluative approaches are mis-applied to innovative projects. Author does good job on starting conversation around retooling innovation project evaluations. Agree with him that strategic and operational investment aspects should be considered:

http://blogs.hbr.org/cs/2011/03/three_questions_that_will_kill.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+harvardbusiness+%28HBR.org%29