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We Don’t Need More Mousetraps!

Tim Kastelle

This high level of creativity is due in part to the fantastic higher education system in Mousetrapia. On demo day, there were two outstanding teams that got funded. This is what is built into the lean startup approach , which is a good method for breaking out of the linear model problems.

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We Don’t Need More Mousetraps!

Tim Kastelle

This high level of creativity is due in part to the fantastic higher education system in Mousetrapia. On demo day, there were two outstanding teams that got funded. They patent so many mousetraps that the number number of patents per capita for Mousetrapians is among the best in the world.

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Finally – An Idea Platform That Isn’t Terrible

Your Ideas are Terrible

When we met the Ideator team, they had already garnered tremendous adoption in the higher education space (an incredible feat) and were starting to receive unsolicited interest from corporations. Using Ideator, teams work collaboratively and alongside our lean startup coaches as they validate and refine concepts.

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Identifying and Engaging Key Stakeholders to Get an Innovation Initiative Prioritized

Moves the Needle

Using this information, you can come up with a stakeholder map (see below) and a plan to educate the individuals on that list about what you are doing when it makes the most sense to do so. To do this, think about the problem your team is aiming to solve and identify all of the potential business units who might be involved.

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Corporate Innovation: How to Overcome Unique Challenges

Econic

Education is the biggest factor here– a big part of your job will be explaining to leaders why business plans are a waste of time in the innovation world, where uncertainty is the norm and time is off the essence. Look to processes like customer development, design thinking, and the build-measure-learn loop from lean startup.

How To 98
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Corporate Innovation – How To Overcome Unique Challenges

Econic

Education is the biggest factor here– a big part of your job will be explaining to leaders why business plans are a waste of time in the innovation world, where uncertainty is the norm and time is off the essence. 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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Corporate Innovation – How To Overcome Unique Challenges

Econic

Education is the biggest factor here– a big part of your job will be explaining to leaders why business plans are a waste of time in the innovation world, where uncertainty is the norm and time is off the essence. We see a lot of grassroots efforts around lean startup or other innovation efforts try to work within existing budgets.

How To 83