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How to Set Up a Corporate Innovation Outpost That Works

Corporate Innovation

This is where the rubber meets the road. Is corporate willing to give both the financial and organizational support for product development in the Innovation Cluster? Before moving to Stage 3, the Innovation Outpost must answer these 5 questions: Do we have corporate buy-in to build a product?

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How to Set Up a Corporate Innovation Outpost That Works

Corporate Innovation

This is where the rubber meets the road. Is corporate willing to give both the financial and organizational support for product development in the Innovation Cluster? Before moving to Stage 3, the Innovation Outpost must answer these 5 questions: Do we have corporate buy-in to build a product?

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L.I.V.E. (Lean Innovation, Validation & Execution): A new, more effective way to manage multiple innovation projects

Idea to Value

This usually happens at set meetings, which might have several months in between. This is why Agile is becoming so popular for teams which need to rapidly iterate, such as in software-development or design teams. Is the fundamental technology or resources required to develop a solution already available in the market?

Project 245
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How to Set Up a Corporate Innovation Outpost That Works

Corporate Innovation

This is where the rubber meets the road. Is corporate willing to give both the financial and organizational support for product development in the Innovation Cluster? Before moving to Stage 3, the Innovation Outpost must answer these 5 questions: Do we have corporate buy-in to build a product?

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What Is Business Intelligence?

Collective Innovation

Focus groups are also an important avenue to have an open conversation about new products, brand perception and advertising. It should be reinforced at every proposal, every meeting and every decision. They don’t have to be completely formal, just an opportunity to get a feel from real customers as to their perception.

Survey 40
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How to Set Up a Corporate Innovation Outpost That Works

Steve Blank

This is where the rubber meets the road. Is corporate willing to give both the financial and organizational support for product development in the Innovation Cluster? Is the Outpost product officially part of a corporate Innovation Portfolio?