First up, let's talk money, honey! ?? We're not just throwing cash into the wind here. No, no! We're planting magic beans that'll grow into a massive money tree. Paint them a picture so vivid, they'll practically see dollar signs floating in the air. "Imagine if we'd passed on investing in smartphones back in the day. Ouch, right?" Now, time for some show and tell. ??? Whip out those case studies like you're a magician pulling rabbits out of a hat. "See this company? They took the plunge, and now they're swimming in success like Scrooge McDuck!" Make your stakeholders drool over the possibilities. But here's the kicker – we're not just dreamers, we're practical visionaries.

Start by persuading yourself with solid reasoning first. Once you satisfy an unbiased yourself, it's using the same recipe on a bigger scale. Each risk should come with a bigger reward so outline all the details of that. Now think yourself as a marketing person and try to sell your stakeholders the rewards for an investment into that new technology you are craving about. If you can add a comparison between the usual and the innovative approach, and how that risk could benefit your stakeholders, you're good. Also mention the risks/deviation associated or expected and your mitigation plan to overcome these. Once your stakeholders have all information, you'll be in an excellent position to get that positive node from them.

POC! Don't go all the way and waste resources before you can proof that there is a way to achieve it. Then, if you fail it will be less painful (but still will be some).

Innovation is the driving force behind growth. To persuade stakeholders, we must present successful examples such as SpaceX's reusable rockets and Tesla's electric vehicle revolution. These enterprises appeared risky at first, but they revolutionised industries. We can inspire confidence by emphasising potential long-term advantages and outlining a clear, stepwise approach to risk mitigation. Remember, every revolutionary innovation began as a "risky" notion. Our responsibility as engineering leaders is to transform measured risks into game-changing realities.

Simply speaking, providing them a cost / benefit analysis that demonstrates a high chance of a great ROI. The C / B Analysis must include: 1. Risks What can go wrong? What is the worst case scenario? 2. Risk mitigation. What steps does the plan take to minimize risk? 3. Objective likelihood results scenario What is the best case scenario for ROI? What is the worst case (typically complete loss)? What is the most likely outcome? 4. What is the timeline of expected results and milestones? These comments here are just an outline of what the Cost / Benefit Analysis should include.