Remove Collaboration Remove Engagement Remove Finance Remove Technical Support
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Constructing the innovation mandate

Paul Hobcraft

It is our ability to consistently capture, build and develop new ideas within organizations or in open collaborations with others that have a direct effect on revenue growth and the ability to provide future sustainability. Future collaborations will build on a network of relationships and an ecosystem of design and thinking.

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Deepening the Thinking Around the Innovation Mandate – part two

Paul Hobcraft

Resource allocation: The innovation mandate should outline how resources, including funding, personnel, and technology, will be allocated to support innovation initiatives and where these will be drawn down from and the “equity of resources” shared so this is a collaborative endeavour.

Policies 147
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Leveraging New Ventures for Innovation

Integrative Innovation

On the other hand, by engaging with established firms, a startup acquires capabilities to develop and scale their business, e.g. supply chain and production capacity, sales and marketing channels and last but not least an existing customer base. But what kind of engagment with new ventures should be pursued?