Making informed decisions based on data and analytics is another strategy utilized by women entrepreneurs in tech to balance risk and innovation. By relying on market research, customer data, and performance metrics, they can identify trends and opportunities for innovation while assessing potential risks. This approach enables a rational evaluation of new ideas, ensuring that risks are taken based on evidence and probable outcomes.
- Log in or register to contribute
Contribute to three or more articles across any domain to qualify for the Contributor badge. Please check back tomorrow for updates on your progress.