The key insight from is that the 10% must be ring-fenced. No stealing from it to cover delays in the 70% bucket.
(Emeritus Professor at Nottingham Business School), often sought in PDF format by students and professionals david smith exploring innovationpdf
Since the PDF’s release, a community has grown around Smith’s work. Unofficial “Friction Audit” meetups occur in San Francisco, London, and Singapore. A group of developers is building open-source software based on Smith’s innovation accounting formulas (with his blessing, though he remains hands-off). The key insight from is that the 10% must be ring-fenced
Smith introduces the concept of the "Innovation Stack." He argues that before exploring new ideas, organizations must audit their current capabilities. The PDF contains diagnostic matrices to assess: david smith exploring innovationpdf