16 Matching Annotations
  1. Apr 2023
  2. Nov 2020
  3. Aug 2020
  4. Feb 2020
  5. Nov 2019
    1. This ecosystem approach to innovation, leveraging talent both inside and outside of the company, is the best way to respond to a competitive, ever-changing environment. If leaders want to build a sustainable growth engine for the company, they need to create the right conditions for the best ideas to get picked up.

      We need to easily create an interface that will allow to be implemented in different business

    2. , even with the best in-house talent and innovation process, companies cannot come up with the best ideas on their own. That’s why a complete innovation ecosystem requires collaboration with external innovators. Just look at successful tech companies Tencent and Alibaba: according to the Financial Times, they generate over a third of their revenues from investments in external startups.

      A solution for this is the AI predictong the good match

    3. These teams should be managed using the same principles that are used to manage external startups. For example, instead of only selecting ideas that come from business plans and roadmaps, companies should take a portfolio approach that involves making multiple small bets on projects, tracking progress via key metrics, such as customer willingness to pay, and increasing investments only in those ideas that show evidence of traction. For this process to work, leaders have to accept that not all projects will work – some will fail.

      Interesting new approach in the moment of creating new teams

  6. May 2019