The best way to innovate is for a large company to view itself as an innovation ecosystem. Because of its core business, an established company cannot be as flexible as a startup, which can focus itself on creating one single product. Instead, established companies need to increase their innovation capabilities from within, without endangering their core business. This requires a big change in the organizational structure, which should ultimately lead to a company that can both search for new business models and execute existing ones.
The blogs are categorized into different elements that come into play with an Innovation Ecosystem. Combined with the “Must Read” blogs it gives you a perfect understanding of what innovation ecosystems are and how to improve one.
Innovation software to measure
your company’s innovation ecosystem
The NEXT Canvas and the BMC are not mutually exclusive, but work well together as tools to create, test and renew ideas.
In our book The Corporate Startup, we describe what an innovation ecosystem is and how you can build an innovation ecosystem within your company. An
Apart from the well known adagium it is the most common answer I get when talking to companies about their most urgent reasons to innovate.
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?
The other week at the Lean Startup Summit I introduced our ROI calculator in a couple of innovation accounting roundtable sessions. The sessions were overbooked