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 […]
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 reveals quite a large number of innovation labs being opened on a monthly basis. It appears that companies are finding innovation labs to be a good way to explore new […]
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 ready to hold the first business modelling session for the product you’ve been assigned to help resurrect. You’ve done this before and you know that you’ll get a canvas filled […]
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 in R&D, there is also the need to find “the architecture of revenues” for all the breakthrough products we are working on. This means that innovation teams should spend time searching for […]
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 collective knowledge, hence these workshops are a great source of learning for me as they are for the participants. Vegard and Bruno asked me to talk about governance for corporate innovation. Not just […]
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 some mythical creature that comes down from the mountain to greet the people. Most leaders are unaware of their power to change the culture of their companies and instead find […]