Is Agile Killing Stage-Gate?
Agile and Stage-Gate seem to be in conflict with each other. Both methodologies are targeted at reducing risk but do so in very different ways. Stage-Gate adds a level of rigor that can seem counter-productive to people working in an Agile process and lead to people doing everything they can to avoid it. And Agile processes can seem to “loose” for…
Building an Environment to Foster Intrapreneurship
Making your organization friendly for intrapreneurs is key for innovation. This involves a shift in company culture, affecting everything from the physical and social workspace to the business’ hiring procedures and leadership approaches, as Alice de Casanove, Culture Evolution & Intrapreneurship Director at Airbus Defence & Space recently…
How to Maximize the Impact of Your Innovation Groups
Entrepreneurs are those who look out into the world, see things in the world that aren't the way they should be, and build products and services that make the world the way it ought to be. While many people relegate the idea of entrepreneurship to a small corner of society, what corporations need to do is ensure their leaders see themselves as…
The Best CEOs Are Chief Ecosystem Officers – How to Approach Ecosystem Strategy
Ecosystems can be immense value drivers, but also quickly turn into competitive threats. Their interconnected nature is putting up new challenges for companies. What then should businesses do about ecosystems? At our recent Innov8rs Connect on Startup Collaboration and Ecosystem Engagement, Martin Spindler Principal at hy - the Axel Springer…
Gorillas Can Dance: Cultivating Effective Startup Partnerships to Foster Corporate Innovation
Faced with disruption, large corporations are realizing the value of partnering with start-ups. However, while this could result in win-win collaborations, developing productive partnerships is not straightforward. The very thing that attracts them to each other – their significant differences – also makes it difficult to work together. Therefore,…
How Lots of Small Bets Are Key To Realizing Your Corporate Innovation Strategy
It’s hard to venture into the unknown while navigating the risks along the way. All corporate innovation strategies involve an element of risk. The important thing is that you effectively manage your risk, and you can do that by making lots of small bets. At a recent Innov8rs Connect online event, Tom Salmon and Andrew Humphries, co-founders of…
Why Corporate-Startup Collaboration is Trending and How to Make it Work
Innovating with startups and scaleups is just one of the many facets of open innovation. Still, corporate-startup collaboration remains of its most “alluring” modes. The reason is twofold. First, the attributes, know-how and networks of startups can be highly sought after. Second, this type of collaboration promises to be a universal panacea,…
Commitment To Innovation Leads To 2.4x More Profit
Have you ever had to prove or justify your spending on innovation? Research by McKinsey shows that a high commitment to innovation is correlated to 2.4x better financial performance. In this piece we will explore how you can take the first steps towards achieving it. In times of financial hardship, companies react differently. While some press…
The 9 Secrets to Bringing Ideas to Life
Over the last 7 years, Will Read and the team at Sideways 6 have learned a lot about what it takes to implement ideas and innovation at big companies. And it’s not easy. In fact, it can be pretty darn hard. Will joined us for Innov8rs Connect Unconference 2021 to share the nine secrets that enable some of the biggest companies in the world to not…
How to Design a Growth Incubator
We all know the average lifespan of a business has dramatically dropped in recent years, but still, large organizations have such a difficult time successfully creating new business lines and renewing themselves as a result. In his session at a recent Innov8rs Connect event, Mach49’s Edward Ross gave us two clear examples. Marriott should have…
The New Leadership Toolbox to Drive Innovation
When you're trying to drive innovation, one of the key shifts to make as a leader is that you have to give up on the need to get it right the first time. Tendayi Viki, Associate Partner at Strategyzer and author of Pirates in the Navy, The Corporate Startup, and The Lean Product Lifecycle, joined a recent Innov8rs Connect event to discuss the…
Lean Scaleup: Building New Businesses From Innovation
Companies are not good at building new businesses from innovation. Only 1 out of 10 attempts make it to scale and become a sizeable business. According to Frank Mattes, co-author of Lean Scaleup, there are two fundamental issues causing this. The first issue is that under one roof, you have two systems that are designed for two totally different…
