What strategy should place a high priority on innovation


Assignment task:

True or false: Finally, the board's strategy should place a high priority on innovation. Traditional tactics may not be effective during a period of stagnation. As a board, we have to be open to experimenting with new ideas in terms of collaboration, fundraising, and programming. Solutions include investigating untapped markets, connecting with other organizations, and utilizing technology. It is possible for the board to overcome the problems of the dormant period and get the business back on track to development and vitality by encouraging innovation and flexibility among its employees. Thus, during the slower period, the board may ensure the organization's future success by thinking strategically, being devoted to innovation, and being engaged in community involvement.

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