Tag Archives | Corporate Innovation

Dual Innovation: Ambidexterity 2.0

Our Dual Innovation approach and key ideas of “Scaling-Up Corporate Startups” (co-authored by Frank Mattes and me) were recently featured at the InnoUpdate vlog, run by Maarten Korz. Maarten characterizes Dual Innovation as Ambidexterity 2.0 – which aptly hits the spot. Check out the great video and original InnoUpdate post.

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Future-proof Companies: Combining Agility with Ambidexterity

From frequent discussions and readings I have come to realize the following: Agility and Ambidexterity can be considered two distinct organizational capabilities and design aspects for future-proof companies (-to-be) that often get mixed up or even confused: Agility: Organizational capability of dealing with uncertainty and adapting a company’s core business to (rapid) changes in the […]

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Digital Innovation Units: Setting-Up for Scaling-Up

PWC’s strategy consulting arm Strategy& recently surveyed 50 Chief Information Officers (CIOs) and Chief Digital Officers (CDOs) across Germany, Switzerland and Austria (with additional samples from the US, Japan and the Netherlands). They found that the majority of the surveyed companies have been facing a Scaling-Up Problem: barely 10% were managing to grow revenue from […]

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The Window of Corporate Innovation Opportunity

One issue has been on my mind for quite some time. Let me share with you a key learning from my innovation work in and with diverse companies over the years. It can be termed pretty catchy as: Window of Corporate Opportunity. In brief, this notion can be delineated as follows: Sustainable, effective and impactful […]

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Digital Innovation and Scaling-Up

A new research report from Accenture, titled “Rethink, Reinvent, Realize. How to successfully scale digital innovation to drive growth” is hot off the press. It highlights the following key takeaways: Only 22% of large organizations are successfully scaling digital innovation proof of concepts (PoCs) to drive growth. Those ‘Champions’ enjoy up to 9.9% return on […]

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Scaling-Up: The Foundation

This is the first part of a two-part lead article, co-written with Frank Mattes. The – in the truest sense of words – ‘billion-dollar-question’ we are addressing is: How can companies generate more business impact from non-incremental innovation? The solution to this question lies in the middle part of an end-to-end process for non-incremental innovation. […]

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Digital Innovation Units: Recommendations, Trends and Conclusions

The business magazine Capital and Infront Consulting recently published their second joint annual study (in German only) on the Digital Innovation Unit landscape in Germany.  The study analyzed the units in terms of set objectives and their achievements, as well as of the following success criteria: Steering Themes / direction of impact Involvement of the company Methods / program […]

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Innovation is About Getting Beyond the Idea

Thomas Edison said it over a century ago: Genius is 1 percent inspiration, 99 percent perspiration. Unfortunately, no one listened. When companies launch innovation initiatives, they typically allot almost all of their time and energy to that initial 1 percent – the thrilling hunt for the breakthrough idea. The real innovation challenge, however, lies beyond […]

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Venturing Activities in Corporate Innovation: Types, Features and Success Factors

Corporate Venturing, i.e. corporate engagement in external and internal ventures, plays an evermore critical role in fueling the innovation engine of larger companies. Most of those activities have a non-incremental innovation focus in nature, commonly targeted at bringing about radical, yet sustaining opportunities to adapt/extend the current core business (e.g. digitalizing products, services or operating models) exploring novel disruptive opportunities (e.g. technologies, business models […]

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Organizational Pathways to Business Model Innovation

For several reasons, such as disruptive threats, digitalization or blurring industry boundaries, established companies are increasingly forced to create new business opportunities, i.e. to come up with adapted or even entirely new business models. Moreover, developing a ‘business model innovation capability‘ seems particularly vital in the light of ever decreasing life cycles. Shrinking life times of established business models are tied to the fact that […]

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