Why build a system for innovation
While the debate of innovation being art or science is still raging on we have to admit that not everyone in a large company is
Telcos’ second chance
The dawn of a new technological revolution is upon us. 5G will impact our lives in more ways than we think. Unlike its predecessors though,
Corporate-startup collaboration checklist
This article was initially published on The Future Shapers where I am a regular contributor. With the increased need to diversify their innovation enabling vehicles, more and more
Introducing the innovation management matrix
To properly manage innovation, we need a new way to identify the different types When looking at the innovation maturity within a company, the existence
An executive summary of The Corporate Startup
(This article was initially distributed as temporary exclusive content to The Corporate Startup newsletter subscribers. If you want to be part of our mailing list,
Large Companies Will Be The Biggest Beneficiaries Of The Lean Startup Movement
A lot of commentary around innovation and disruption takes it as a given that startups own the future. Compared to corporate giants, startups are nimble
Eight Ways To Create Space For Innovation
In a previous article, I wrote about the myth of the innovation lab and how intrapreneurs need to focus a good proportion of their time on stakeholder
The Myth Of The Innovation Lab
Innovation labs have become popular as a way for established corporates to manage innovation. A quick search of the term “innovation labs” on Google news
Stop guessing how risky your Riskiest Assumptions are
Tape a Business Model Canvas or Lean Canvas on a wall, grab a large stack of post-it notes and pile of sharpies, invite all the stakeholders. That’s it! You’re
Innovation Accounting is dead. Long live Innovation Accounting!
“The king is dead. Long live the king.” was coined at the death of Charles VI of France. He started his reign with the nickname The
Innovation accounting and portfolio management
The other week at the Lean Startup Summit I introduced our ROI calculator in a couple of innovation accounting roundtable sessions. The sessions were overbooked in general
Innovation Teams Must Answer These Six Questions Before Launching A Product
In previous posts, I have defined innovation as the combination of creative ideas with sustainably profitable business models. While it is good that companies invest
Why Creating Corporate Accelerators For PR Purposes Is Bad For Innovation
Last year, I was engaged in an interesting debate with colleagues about the role of innovation labs and startup accelerators in large companies. Most of
Tips for governing corporate innovation
It’s always fun to do community workshops — the last one I’ve done was for Lean Startup Norway in Oslo. I believe in the power of the
Experiment Velocity vs. Learning Velocity
I was partially wrong promoting ‘experiment velocity’ as an important Innovation Accounting KPI. I’m gonna tell you why and what’s the fix. But first let
How To Create A Culture Of Innovation Beyond The Sticky Note
Corporate leaders often talk about creating a “culture of innovation” within their companies. When having these conversations, they often act as if organizational culture is
Validate before acquiring
With little effort other than financial, the thought of acquiring another company can be extraordinarily tempting for a corporation looking to jump-start innovation. PricewaterhousCoopers predicted
Forget your innovation strategy if the HR Department is not on board
Financial resources, know-how, assets, they are all created by the human resource of the company. People are behind the success or failure of any initiative
Lessons From Kodak’s Bankruptcy, How Can Large Companies Sustain Innovation?
Five years ago Kodak filed for Chapter 11 bankruptcy protection. This was not only an economic tragedy for one of the great companies of the last century,
Innovation Is Management
Every entrepreneur wants to be Steve Jobs. But the Steve Jobs they want to be is the Steve Jobs on stage presenting the new iPhone
Why Diverse Teams Are More Creative
When 2016 came to a close, it may go down in history as a political turning point. Contentious elections and referendums in Europe and America
3 reasons why having ‘legal’ on a lean startup experimentation team is a good idea
Most of the time, when you mention ‘the legal department’ to a product team doing lean startup experiments you feel the mood in the room
Eight Ways To Manage Innovation Experiments Without Hurting Your Company’s Brand
Unlike startups who are usually just starting out in business, large companies tend to have trading histories and reputations to protect. Part of this reputational
10 Things Companies Do That Make Their Most Innovative Employees Leave
In a previous post, I wrote about why corporate leaders may be right to shut down non-performing innovation labs. That article focused on what innovation managers get