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Innovation Management in 2023: Venture Building & Scaling

Innov8rs

As part of our recent The Innovator’s Handbook 2023 launch event, we discussed this (and more) with Frank Mattes (CEO at Lean Scaleup), Sean Sheppard (Managing Partner at U+), and Susana Jurado (Head of Wayra Builder at Telefónica). Beyond the hype, are we seeing investments in "business building" paying off?

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Innovation is a team sport

Cris Beswick

Disrupt or die thinking doesn’t help The typical approach to defining different levels of innovation tends to polarise things for most employees. With the right-hand side of the scale firmly rooted in the phrase ‘disrupt or die’ means, most people instantly jump to extensive, complex, far-out solutions. Pearson/Prentice Hall.

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Be the Architect: Designing an Integrated Innovation System

IdeaScale

An effective innovation architecture offers alternative routes for approval, funding, and implementation for a range of projects of various size, scope, and disruptive potential: For ideas that fit within the boundaries of their own departments, managers can set aside an innovation budget for ideas they expect will arise between budget cycles.

System 100
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Be the Architect: Designing an Integrated Innovation System

IdeaScale

An effective innovation architecture offers alternative routes for approval, funding, and implementation for a range of projects of various size, scope, and disruptive potential: For ideas that fit within the boundaries of their own departments, managers can set aside an innovation budget for ideas they expect will arise between budget cycles.

System 100
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The dos and don'ts of innovation shared by 10 global leaders

hackerearth

The management consulting firm found that compared to noninnovative leaders, innovative leaders manage risk better, demonstrate more curiosity, lead courageously, seize opportunities better, and maintain a strategic business purpose. Innovation almost always is not successful the first time out. Challenge the status quo.

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11 Paradoxes of Entrepreneurial Thinking: why entrepreneurship can hardly be taught

Open Innovation EU

Whereas Schumpeter describes an entrepreneur as disequilibrative – destroying the pre-existing stage of the equilibrium ((Kirzner, 1999) – Kirzner chooses to describe the role of the entrepreneur as more equilibrative – entrepreneurs systematically displace disruptive conditions in order to create stabilized market conditions (Kirzner, 1999).