Articles by GroundControl

How to start with innovation accounting? We start with measuring the following three innovation KPIs from corporate startups.

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.

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 ecosystem is needed to foster innovation company-wide, with the right governance in the right places, and multiple ways to do innovation. Where everyone knows how to do innovation, how to […]

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 NEXT Canvas visualizes the four types of proof an idea needs to become a profitable business model

A lot of organizations we work with today recognize the innovation rhythm and the difference between searching and executing. The rhythm of innovation is different and less linear than that of other corporate processes. Innovation is the search for a business model of which we do not know if it will work, whereas corporates are […]

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 […]

The topic of how to structure the perfect corporate innovation lab comes up regularly when talking to innovation managers.

It is rather more likely a synthesis across domains or even combining opposites. There are several types of innovation. You need them all.Apart from innovating your products and the processes of your current business models, you also need to innovate whole business models. Define the types of innovation for your organisation.Exploring new models requires a […]

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 in general since innovation accounting and the connection to portfolio management was a topic many were interested in. Most of the people joining the tables were looking for ways to […]