Why a Career in Innovation Management is a Bad Idea. And What Can You do About it.
Following a career in innovation might sound really exciting. At least in theory, you will have to tap into your creative self, you will get the chance to play with the latest technology, understand the latest trends and overall have a feeling of being ahead of the curve. But in reality, in most companies, following a career in innovation might be the worst choice one can make.
Why Now? Why Us? A Radically Rational Guide for a Winning Business Strategy
Deciding on which strategic option to pursuit comes from understanding if the timing is right to act and if your comapny is in the best position to succeed in with that strategic option.
Three Things to Consider When Developing an Innovation Strategy
The process of developing a strategy in companies pre-pandemic was nothing more than an exercise in incremental adaptation of last year’s plan. The pandemic proved that the strategy development process needs to be more dynamic if the companies are to be able to swiftly adapt to new conditions when they arise. Furthermore, strategic planning is […]
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 going to be a ‘Steve Jobs’. And nothing’s wrong with that. Also, independent of how much your HR department is struggling to attract the best innovation talent, the company will […]
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, 5G is a technological paradigm shift, probably similar only to the shift from typewriter to computer. 5G will become the enabler of an entire ecosystem of fully connected intelligent sensors […]
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 corporations are drawn on the startup partnership path. Make no mistake, this is not a single-sided deal, chief executive officers of both corporates and start-ups share the common strategic goals […]
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 of different definitions for innovation is an important criterion. The acknowledgement that there are multiple types of innovation and we should treat these types differently. Because we all agree that […]
An executive summary of The Corporate Startup
How many times have you had to explain the concepts of corporate innovation to a new colleague, a boss or a partner? Not everyone you work with know so much about corporate innovation as you do. So, in trying to help you not having to repeat yourself every time, we’ve put together the executive summary […]
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 and agile. Such a “startup culture” is necessary for the creation of breakthrough products and services. Recent history seems to bears this out. We have seen several large companies such […]
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 management. A reality that we cannot deny is that innovators who work in established companies face immense cultural challenges. It is these challenges that often trigger the creation of innovation […]