HEADS OF INNOVATION CENTERS ASK:
How can we connect the dots?
Between Innovation Center and the Business Units.
Between innovation concepts and business impact.
Listen to one Innovation Center Head
I notice that the conversation is shifting. I hear more and louder voices that call for business impact from our activities.
The real problem is that the DNAs of the Innovation Center and the core organization do not fit.
Big consulting companies can’t help. They do not have ‘product-market fit’ in this area. And their budget would raise too many questions.
I need a specialized partner. With deep insight into Open Innovation and Digital plus experience in Lean Start-Up and Scaling-Up.
I found it in innovation-3.
Here is how innovation-3 delivered
We clarified how Scaling-Up should work, in particularly with respect to the collaboration between the scaleup and the core organization.
In the new Scaling-Up process we also made clear how formal aspects should work, in particular governance, funding and which KPIs should be used at which part of the Scaling-Up journey..
We also initiated discussion about HR issues, in particular about the mechanics of HR transfer from and back to the core organization and suitable incentive schemes.
We also developed a Minimum Viable Product of a Scaling-Up Factory. This aims at accelerating a larger number of corporate scaleups at the same time by providing a supportive environment.
This MVP addresses high-level, architectural issues such as the overall funding (including balance sheet and Investor Relations considerations) as well as a portfolio of Shared Services. These will free individual scaleup from secondary processes and avoid repeat mistakes.
We also made sure that Top and Middle Managers could familiarize themselves with the new concepts. As a supporting activity, we installed a company-internal Community Of Practice.
By doing so, the stakeholder community now has a common language about the ‘WHAT’ – and also about the ‘HOW’
The innovation-3 value-add
Experience and Know-How
We know what it takes to succeed in innovation.
Be it incremental or non-incremental.
Be it physical or Digital.
Be it the individual innovation or the system.
We know how to design and scale new concepts in innovation management.
We know how to make the ‘Next Frontier of Innovation’ work for your company.
Be it Open Innovation portals or systematic Cross-Industry Innovation.
Be it in scaling up innovation concepts or building the ‘Scaling-Up Factory’.
Our clients do not pay for learning curves.
We staff our projects only with experienced experts.
On demand, as your projects require.
So conversations add value – Right from Day One.