Key Takeaways From Innov8rs Connect Unconference Week 1
Last week during #Innov8rs Connect Unconference we explored key themes like covid19/crisis response, strategy and governance, ecosystems engagement, culture and venture building. If you missed the sessions, here's a glimpse of what we discussed. Bouncing Forward One of the key concerns for corporate innovators across industries is what to do now…
77 Questions Innovators Are Asking Now
Our role is more important than ever. Yet budgets are being cut, support from leaders and other functions is low and the pressure to get it right fast, is high. As corporate innovators, we’re tasked to respond to the Covid19-crisis, and prepare for bounce back and growth at the same time. Whilst we’re still facing the many challenges from before…
Innovation Post-Covid: What Does the New Normal Look Like
Since the beginning of the Covid crisis, changes to the world of innovation have taken place that would have been virtually unforeseeable just a few months prior. On the negative side, companies and their innovation programs have had to adapt to an economic crisis that has drastically reduced budgets across the board. On the positive side,…
How To Scale Innovation Successfully
Although it is no surprise to boards and CEOs that digital technology is transforming the business world as we know it, the transition is fraught with difficulty. In fact, up to 70% of companies’ digital transformations do not succeed. According to Tony Saldanha, these failures are largely due to incorrect transition scaling. He has developed a…
How To Put People First In Your Intrapreneurship Program
Innovation may be fueled by technology, but it's driven by people. David Hengartner helped spawn GETKICKBOX, a gamified innovation program that helps facilitate intrapreneurship, and he has seen first-hand how and why innovation is all about people. GETKICKBOX takes a novel approach to innovation. It doesn't only act as an incubation chamber for…
Validation of Go-to Market Tactics in Life Sciences
A successful product launch during the ‘New Normal’ is anything but a leap of faith. On the contrary, the assumption-based decision-making and persuasive selling that were commonplace as recently as January 2020 are being replaced with evidence-based decision-making and remote validation. These paradigm shifts are among the key points covered by…
Fearless Innovation: Going Beyond the Buzzword to Continuously Drive Growth, Improve the Bottom Line, and Enact Change
Whether you are a large or small company, your biggest asset isn't your cash in the bank. It's your employees. They are the ones with the best understanding of what can be improved at your business, what your problems are, and where your greatest opportunities lie. Too often, however, companies are too focused on the innovation itself — on the…
Last Exit: Trust – How to Build New Companies in Eye-to-Eye Partnerships
When building a new company or startup, it is important that everyone involved in the partnership see eye-to-eye. No matter how you define the structure, partnership, or governance of your venture, the only thing that keeps things running when two or more parties are involved is trust. All of the parties must be able to trust each other. In…
Psychological Safety for High-Performing Teams
The highest-performing teams have one thing in common: psychological safety, the belief that you won’t be punished when you make a mistake. Psychological safety allows for moderate risk-taking, speaking your mind, creativity, and sticking your neck out without fear of having it cut off — all of which are essential for innovation. Especially in…
Selecting Your Corporate Startups for Post-Crisis Bounce-Back
How many new businesses has your company built up over the last 3-5 years? And if you did, what is their actual impact? Chances are, your corporation knows how to generate ideas. Most likely even more ideas that can ever be implemented. Yet innovation ultimately is not about ideas – it is about capturing value from new offerings in the form of…
Testing Business Ideas: The Why, What and How
David J. Bland set out to help fix a problem that seven out of ten products face: their failure to deliver on expectations when they launch. David believes that systematically testing new business ideas will dramatically reduce the risks that products face when entering the market. As co-author of Testing Business Ideas: A Field Guide for Rapid…
People (Also) Make The Difference in Innovation Management
The evidence is clear: it is the people who make the difference in innovation. In his talk recently during Innov8rs Connect - Talent & Teams, Peter Daels concentrates on two particular trends in innovation management: the ambidextrous approach to innovation and people-centric operations. He then goes on to explain why people are the greatest…
