In this episode of the Innovation Ecosystem podcast, we are joined by Jenny Fielding, Managing Director at Techstars, a global venture capital fund for innovative tech startups. Mark and Jenny discuss her extraordinary success scaling and exiting her first startup in three years, how she moved a legacy organization like BBC into the new digital era by founding BBC Labs, and why infusing corporate and startup culture is so powerful.
Embracing an intrapreneurial mindset, which intentionally disrupts things from the inside out and often from the bottom up, is a radical concept for companies that thrive on stability and predictability. However, if an enterprise is committed to developing its innovation capability through intrapreneurship, three groups of people must be mobilized to make it happen: leadership, stakeholders, and innovation support.
Synack’s Jay Kaplan discusses how the cybersecurity startup he heads mitigates concerns stemming from the practice of using crowdsourced hackers around the world to identify vulnerabilities in the systems of private companies and government agencies that serve as customers. Synack’s safeguards include rigorous vetting and tracking, as well as placing high “bounties” on the most serious vulnerabilities.
If you’re reading this, then you probably know the feeling – You’ve reached a certain point in your company’s growth where everything is looking good: you have the right people, the right product, and everyone is happy. Then, you realize that this comfort isn’t going to last forever. Scaling up is a scary step, because it’s easy to be too ambitious and undermine the progress you’ve already made.
Using focused lean and agile startup methodologies, today’s Exponential Organizations (ExOs) are changing the way we do business forever. In this clip of the Innoview webinar series, Yuri van Geest and Anthony Ferrier discuss how corporate enterprises can use ExOs to disrupt an adjacent market and how to incorporate them back into the core business without destroying their entrepreneurial spirit.
When you think about a product that scales, future entrepreneurs must consider web and mobile technologies, as they’ve allowed for unprecedented, accelerated, broader markets than ever before conceivable. Truly understand the economics of distribution; Sheryl Sandberg, Facebook’s COO talks about old print media and music and how they’ve been trumped by the free distribution of the Web. She strongly encourages those venturing into business to take this business angle into account.
When was the last time you seriously thought about your blue chip investments going broke? At what point will those shares be worth nothing? Although it may sound ridiculous, the question is serious because at the current rate of disruption, half of the Australian Stock Index S&P 500 will be replaced over the next 10 years (Anthony S D et al, 2016). Where does that leave your investments?
In the new global environment innovation is tending towards Platform Disruption, and is more focused on waves of change than single technology disruptions. The competitive capability of different innovation cultures, rather than technology, therefore becomes the critical success factor. In this article, Haydn Shaughnessy examines product and service platforms as the new organisational form and suggests that modern enterprises need to take the leap to a new way of business.
At the start of the twenty first century the innovation buzz has become deafening. It commands the attention of everything – from the popular media to scientific journals. Innovation is claimed to be the driver of economies and the competitive edge of companies. With innovation being the core of many new management styles, one question still remains for the enthusiastic manager; what are the concrete tools for my employees to build our revolutionary innovations?
Through scaling, smart movers can quickly build substantial market shares – or define entirely new markets. To help innovation leaders understand scaling we have divided it into three main areas: Emergence, Networks, and Waves. This article is on Waves, the third and last in a series of three.
Through scaling, smart movers can quickly build substantial market shares – or define entirely new markets. To help understand scaling we have divided it into three main areas: Emergence, Networks, and Waves. This article is on Networks, the second in a series of three.
Through scaling, smart movers can quickly build substantial market shares – or define entirely new markets. To help understand scaling we have divided it into three main areas: Emergence, Networks and Waves. This article is on Emergence, the first in a series of three.
How did a small organization kick-start a process that doubled the amount of nature in the Netherlands? Siegfried Woldhek used this four-step scaling strategy at the World Wildlife Fund to create a now-legendary example of highly creative strategies that shifted the application of resources on a massive scale.
For most startups, the biggest question haunting them today is not money but scale. According to Forbes magazine, the number one cause of startup death is premature scaling (Furr 2011). So the question on every entrepreneurs’ lips is: How quickly and when to scale? But before you answers that, I’d like to ask you why no-one seems to be concerned with the even bigger question, what is scaling all about? And what is so different now that small groups of people can create billion dollar businesses on their own?
There are incredible opportunities today to bring new things into the world. It is the hallmark of the creative artist to create something that did not exist before, but this generative capacity is not limited to creative artists. Entrepreneurs and corporations conceive and create new products, services and platforms that would not have existed but for their efforts. Our increasingly complex and volatile world needs this creative ability now more than ever, especially in our leaders.