It’s unreasonable to ask well-established enterprises to move at the same pace of startups. The two types of organization are inherently different—like apples and oranges, to use a-far-too-common (but very relevant) analogy.
As entrepreneurship...
It’s unreasonable to ask well-established enterprises to move at the same pace of startups. The two types of organization are inherently different—like apples and oranges, to use a-far-too-common (but very relevant) analogy.
As entrepreneurship...
If you're looking think outside of the box, it helps to get a sense of what leaders in the field of corporate innovation are thinking. Of course, you could attend a conference with a long list of speakers, but an easier and cheaper method is to...
Innovation takes time. Thomas Edison built 1,000 prototypes and spent years tinkering before he landed on a version of the light bulb that would transform the world.
Let's cut to the chase: Intrapreneurs and entrepreneurs are very, very different.
An entrepreneur is someone who innovates by starting his or her own company (e.g., a startup), whereas an intrapreneur is an employee of a larger organization (e.g., a...
Corporations across the world are scrambling to figure out how to innovate and grow in an increasingly competitive business environment. Intrapreneurship, the concept of cultivating an entrepreneurial mindset and skill set from within an existing...
For many corporates, a partnership with a startup can be a crucial strategic decision. For one, your company will reduce its time to market and can validate a product idea at a fraction of the speed of building an in-house solution. In addition,...
The open marketplace will always innovate faster than any corporation. Maxwell Wessel, general manager of SAP.io, an innovation arm within SAP, outlined a few reasons why in an article for Harvard Business Review (HBR):
When corporate innovation teams seek to launch internal accelerators, they often find it's challenging to replicate the culture of innovation that's found in entrepreneurial hubs like Silicon Valley. The limiting factor is rarely budget, as many...
It's a common misconception that outside of Silicon Valley and a few other places, there's not a lot of innovation going on in this country. The reality is that innovation has penetrated many corners of America. The same forces that are driving...
A May 2016 survey of 170 large companies with revenues greater than $1 billion found that 82.4 percent have implemented lean startup methodologies to some extent. Another 9.4 percent of companies are exploring implementing programs.
The overwhelming...
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