Tag Archives | Corporate Innovation

Digital Transformation Combines Customer Experience and Operational Efficiency

By on December 13, 2017

In 2015 and 2017, research by Peter Weill and Stephanie L. Woerner surveyed several hundred enterprises, examining both the capabilities needed for digital business transformation and the impacts on performance. Becoming ‘future-ready’ requires changing the enterprise on two dimensions: Customer experience and operational efficiency. [Update 09.08.18] Indeed, this chosen pair of dimensions turns out to be highly […]

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Identifying and Implementing Innovation Measures

By on December 13, 2017

For most companies, innovation has become a top priority. To rate innovation performance, quantitative performance indicators are often used.  Some lagging indicators measure innovation as results or outcomes – such as sales from new products. Others measure innovation as a process, using metrics – such as the number of innovation projects in progress. And some leading indicators track input measures such as the number of […]

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Scaling Edges vs. Transforming Core

By on December 13, 2017

Dual approaches are evermore finding their way into corporate strategy, development and innovation. There are several manifestations at play, such as Organizational Ambidexterity: Drawing on Tushman/O’Reilly, an ambidextrous approach is deployed if a venture is of high strategic relevance and its synergies with core business are high, therefore suggesting a strong leverage of core assets and capbilities as well as an ultimate integration into core business […]

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Scaling Up Startups in Corporate Settings

By on November 17, 2017

This ‘opinion’ on the question “What can startups and incumbents learn from each other and what are the biggest threats?” was originally published at innoboard.de.   In recent years, an increasing intensity in collaboration between incumbent companies and startups has been observed. Meanwhile, close to 80% of corporations and startups have already been or are […]

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Future-proof Your Innovation Management: Dual Innovation

By on October 12, 2017

This article was co-written with Frank Mattes.   Being among the pioneers (see e.g. here or here) in making the case that dual approaches to modern corporate innovation are mandatory for innovation impact, we have recently been delighted about two things: First, more and more companies are appreciating our arguments as the following data suggest […]

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Hallmarks of Organizational Ambidexterity

By on August 27, 2017

If you are a frequent reader of this blog, you may know we’ve been relentlessly highlighting the importance of organizational ambidexterity as vital requirement for modern dual corporate innovation approaches. Managing today’s business and creating future’s business successfully at the same time is probably the most demanding, yet indispensable challenge for future-proof organizations and their leaders. But what are hallmarks of successful organizational ambidexterity? What do […]

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Four Models of Intrapreneurship Innovation

By on June 15, 2017

Research shows that growth fueled through organic innovation is more profitable than growth driven by acquisition, in part because the organizational capability required is vastly different. But the litmus test is: How can established organizations build successful new businesses through corporate entrepreneurship, also referred to as Intrapreneurship, on an ongoing basis? This is also one of the key questions that […]

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Modern Dual Corporate Innovation Balances Defense with Offense

By on April 4, 2017

This is an excerpt of a post of mine, recently published at Haydn Shaugnessy’s journal “Hack & Craft”.     Modern Dual Corporate Innovation Management approaches encompass two complementary directions of impact: Transforming the Core (by largely changing or even disrupting the existing operating model) Creating the New (by largely changing or even disrupting the existing business model) With […]

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Bad Innovation Systems Beat Good Innovators (Almost) Every Time

By on March 26, 2017

W. Edwards Deming once famously stated: A bad system will beat a good person every time.  What was Deming trying to convey with this quote? It wasn’t an attempt to get people to give up trying because failure was certain. It was an attempt to get people to understand the importance of the system and […]

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The Firm of the Future Will Manage Two Types of Businesses

By on January 20, 2017

Bain and Company has just published a worthwile article, debating on the question: What will the firm of the future look like? Among several characteristics, the authors also particularly anticipate future-proof companies to be required to manage two types of businesses by deploying distinct “engines”: Companies have always pursued innovation in their core business. Clayton Christensen has called […]

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