There is one single thing any large organization can do to dominate its industry. This is not easy. This is not simple but it exists. I had a chance recently to present K2 Digital Ventures to Board of Directors of global, retail company. My friend and...
Large organizations and their teams can invest time into many innovative activities including speed dating with startups, meetups, design workshop, inspirations sessions etc. Usually a goal is to find an inspiration, to spot great startups for further...
Good thing is, we know what stops large companies from acting like startups. The more important to me is, why large companies want to be like startups? From my personal experience, because startups can quickly evaluate if something works or not from...
This post is pretty clear with its message. It tries to classify paths which large companies can take to move forward with their innovative projects. So here it is, how large companies can build innovations in 4 ways: Starting Proof of Concept with an...
This post. I hope, gives concise information about simple but effective rules which large organisations can implement to make sure employees have space for experiments. The rules are general, without instructions. They are more like directions than...
Large companies may assume that innovation needs a different approach in control of finances than old fashioned projects where the budget was clearly defined. Innovative projects are usually lean focused, free task flow focused and creative space...
Big companies can reach a speed of startups while building innovations through 5 simple rules. Before I explain them, let me quickly remind, why speed matters if you are a large company: Speed gives advantage over competitors in a fight for market share...
There are two main areas which every sales activity falls under. Creating opportunities and seizing the existing ones. They are two separate things and two different issues. If there is anything business developers can improve, it is surely the active...
Companies want to have fail fast approach inside their teams and projects. What for? Startups always wanted to fail fast. This is how they validated their business model, technology and concepts. By quickly finding out if the idea gets sticky, startups...
If managers of large companies can do anything to increase innovation of their firms, it surely is by surrounding themselves with innovators on a daily basis. The domain of this activity does not only fall under the managers responsible for innovation...
What business today does not want to be innovative or even disruptive? In business world, “innovation” has reached a glorified position. But it is hard to define. It means different things to different people. One thing is certain, if you want to...
Perhaps the greatest challenge business leaders in large organisations face today is how to stay competetive amid constant change and disruption. Many organisations that are facing a real threat or spotting a new opportunity try—and fail—to wedge in...