The 3 KPIs you should measure to start with innovation accounting
How to start with innovation accounting? We start with measuring the following three innovation KPIs from corporate startups.
February 24, 2020
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How to start with innovation accounting? We start with measuring the following three innovation KPIs from corporate startups.
The NEXT Canvas and the BMC are not mutually exclusive, but work well together as tools to create, test and renew ideas.
The topic of how to structure the perfect corporate innovation lab comes up regularly when talking to innovation managers.
When looking at the success of startups, a common belief is that one third of the companies fail, one third return their money and one third of the companies become successful enough to really move the needle on your investment portfolio. But is that true?
Creating and running startups as part of a corporate is hard. It’s because the whole organization of a corporate is heavily optimized on execution. And
How long does it usually take to go through all four phases and what type of investment fits every stage?
How we define the progress of startups towards product/market fit Ever since we introduced our NEXT Canvas, we have been thinking about how we can
At NEXT we decided to drop the word MVP and use solution experiment, prototype, or first version instead.
This is Part 3 of our Investing series. At NEXT Amsterdam we believe in helping others. Not only startup founders but also our fellow (informal)
This is Part 2 of our Investing series. There is often a lot of debate about choices investors make. “Why on earth did Investor X
This is Part 1 of our Investing series. We often get the question how we select our startups and why. Not only from startups, but
Most startups are familiar with agile development sprints of 1 or 2 weeks. They try to plan work that ‘belongs’ together and release a new
In this blog post we dive deeper into Mixpanel Applications. With your own custom Mixpanel Application you can either visualise data in a way Mixpanel
Last weekend Diego Menchaca, founder of Teamscope and apparently also a big fan of our blog posts, proposed that I should write a blogpost about
For three years in a row, the most valued session during the Rockstart Accelerator programs has been the Braintrust. Esther introduced it as Lean Mentor
Yesterday we had the first introductory session with a potential portfolio company and tried once again to explain why it is so important to focus
With every experiment that you run it is important to ask; what is the riskiest assumption and what do I want to learn. But although
In the first 5 blogposts about Analytics we covered Vanity Metrics, the Pirate Metrics framework, the criteria of a good metric, the key activity, the
When I first started using good metrics (I was no longer focussing on vanity metrics like total registered users) I had a hard time wrapping
If there is one thing important for startups, it is focus. The same applies to analytics. Startup life is chaotic enough and you can not
In the previous two posts we gave you an introduction to analytics, discussed vanity metrics and the criteria for good metrics. In this post we’d
Last time we did a short introduction on analytics. We explained that numbers that can only go up and to the right are called vanity
One of the most requested topics when mentoring startups are analytics. Startup founders know that they have to measure things and that analytics are the solution, but not a lot of people know how to actually apply it. The problem is that even after reading the books (like Lean Analytics, which I can highly recommend), it is still hard to apply to your own startup.
Almost everyone I know is an entrepreneur or inspires to be one. That might be the downside of being well connected in the startup world.
We share our insights and 3 selected long-reads about coporate innovation in our weekly email update.
