The 5 conditions for professionalizing innovation
One of the key components of an ecosystem for innovation is setting up a separate system to allow for the search for new business models
Innovation Ecosystem
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.
Must Reads
The Innovation Management matrix
Setting up a dedicated management system for startup innovation is something that can be only done if there is a clear way of deciding what is what. Ultimately this is one of the necessary steps in professionalising innovation within your company.
An executive summary of The Corporate Startup
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
The 24-month journey to product/market fit
How long does it usually take to go through all four phases and what type of investment fits every stage?
Recent Articles
The corporate ‘Innovation Mascot’
-”Ok, we agree, let’s try innovation. We’ll start slow, with 2 or 4 startups and see what happens”. I have heard this often enough. It seems a logical thing to do, try something first. The problem lies in the fact that people often forget that investing in ideas is, and always will be, a betting game. So the chances of these two or four startups becoming a success are slim considering the odds of 2 out of 10 will make it big.
How we co-create corporate startups
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
The 24-month journey to product/market fit
How long does it usually take to go through all four phases and what type of investment fits every stage?
Investment should not be the single goal of a founder
“-Can you tell me what you would look for in a startup so I can properly build my MVP?” I am at a Meetup where
Generating change by focussing on revenue instead of the next funding round
Photo credits; Marcos Ojeda As we have mentioned before, one of the beliefs in our investment thesis is: “The time of the unicorn is over. We
The four criteria we select startups on
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)
Invest with courage
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
How we select startups and why: The investment thesis
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
Braintrust: a format for powerful peer-to-peer mentoring
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
Vision; why you need one
From passion to vision, why all startups should think about it. The one thing I ask first when visualizing business models and strategy is; “What is
