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Corporate Innovation: How to Overcome Unique Challenges

Econic

Without thinking about all of the important parts of their innovation journey out of the gate, money gets tossed at things that can best be described as “innovation theater” — showy, but ultimately useless. Innovation needs structure. Also look to tools like the business model canvas, and learning trackers. How can we do this?

How To 98
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Corporate Innovation – How To Overcome Unique Challenges

Econic

Without thinking about all of the important parts of their innovation journey out of the gate, money gets tossed at things that can best be described as “innovation theater” — showy, but ultimately useless. We see a lot of grassroots efforts around lean startup or other innovation efforts try to work within existing budgets.

How To 109
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article thumbnail

Corporate Innovation – How To Overcome Unique Challenges

Econic

Without thinking about all of the important parts of their innovation journey out of the gate, money gets tossed at things that can best be described as “innovation theater” — showy, but ultimately useless. We see a lot of grassroots efforts around lean startup or other innovation efforts try to work within existing budgets.

How To 83
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The Root Cause for Innovation Theater and How to Avoid It

Leanstack

In the world of innovation, if you incentivize innovation managers simply to run hackathons or launch accelerators, the money gets spent: t-shirts get printed, foosball tables get purchased, Lean Canvases get hung. I once had a conversation with an accelerator that had low follow-on investment after their Demo Day.

How To 75
article thumbnail

The Root Cause for Innovation Theater and How to Avoid It

Leanstack

In the world of innovation, if you incentivize innovation managers simply to run hackathons or launch accelerators, the money gets spent: t-shirts get printed, foosball tables get purchased, Lean Canvases get hung. I once had a conversation with an accelerator that had low follow-on investment after their Demo Day.

How To 40