Culture
Innovation= Freedom of Thought/Creativity
Innovation IS NOT a process OR a systematic procedure A few days ago I was engaged in a conversation with a client around innovation. I asked him to explain what innovation meant to him and his company. He said: “ We are highly innovative and have a great innovative culture. We have defined innovation in…
Read MoreInnovation Strategy vs. Culture of Innovation
Here’s something to think about: Strategy vs. Culture when it comes to disruption and innovation in large enterprises. More and more of the large enterprises under duress and pressure from clients are trying to become more innovative. I would love to say that many are embracing the merits of mindful disruption, but from experience I would…
Read MoreNot Enough Inter-Preneurism? Not Just The CEO’s Fault
Note: A) In this blog the terms enterprises, corporation, large company are use interchangeably. B) Inter-preneurism is referred to as entrepreneurism inside a corporation. Fact: Corporations spend large sums of money on internal R&D – Internal R&D is entrepreneurial/risky. However, it is considered ‘focused’ experimentation. Fact: Enterprises take far bigger risks in external venture investments…
Read MoreWhy We Need to Disrupt Corporate R&D Spending Patterns!
Firstly, I am extremely bullish on the innovation CAPACITY of large companies (enterprises). Let’s start with a fact: For most of the past three decades, investments made by the entire venture capital sector totaled less than the R&D and capital expenditure budgets of individual large companies such as IBM, GM, or Merck [Source: Architecture of…
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