Corporate innovation teams are notorious for being money sinks and run the risk of being financial drains to organizations. If you’ve ever been down the path of setting up a corporate innovation program from scratch, you’ll likely hear through the...
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...
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...
One of the biggest challenges that corporate innovation teams face is management. Think about it: you're asking your highest-achieving employees — people who have successfully avoided failure their entire working lives — to participate in...
One of the biggest challenges that corporate innovators face is getting comfortable with failure. Even the smartest innovation teams hit dead ends sometimes. Wrong turns are an essential part of the innovation process, but it's tough for teams to...
Large, geo-dispersed, enterprise organizations know how hard it can be to bring an innovation program to life. From research to implementation, there are many moving parts—in addition to establishing budgets, vetting the right strategic partners,...
There are immediate benefits that can come from working with startups for large corporations – an innovative new product, a market disruption or preventing a competitor from laying hands on the latest and greatest technologies.
But there are also...
RocketSpace has developed a four-step methodology for helping companies build more impactful relationships with startup partners: learn, discover, experiment, and partner. This "dating advice" series with Michele McConomy, senior vice president and...
On a global scale, the world is experiencing uncertain times. For one, new global markets are emerging and technology is advancing. Global political climates are experiencing extreme change. New industries are introducing new technologies. And these...
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...