corporate venture & external innovation: how startups can help you bridge the innovation divide
TRANSCRIPT
Corporate Venture & External Innovation:
How Startups Can Help You Bridge The Innovation Divide
econic.co
2
Why Innovate?
Photo Credit: Andreas Kambanis
3
Fortune 500 89% Gone Since 1955
4
What’s Changed?
5Photo Credit: Lauri Heikkinen
6
Startup Juice It’s not just for
breakfast anymore
Photo Credit: Andreas Kambanis
Bridging The Innovation Divide
Optimization
Innovation
8
The Innovation Engine
10
Mapping & Executing Your Innovation
Initiatives
The Context of Innovation
Trends History
Macro Forces
CompetitionInfrastructure
Resources
Innovation Drivers
Strategy
Culture
Tactics
The Innovation Sweetspot
Strategy
Culture
Tactics
The Innovation Sweetspot
Strategy
Culture
Tactics
15
Culture
•Mission / Vision / Values •Organizational Structure •Measurements / KPIs •Compensation •Talent Management •Hiring •Assessments
16
Strategy
•Optimization Engine • Innovation Engine •Horizon Mapping •Resource Management •Vetting & Prioritization •Frameworks
17
Tactics
•Research •Training •Build vs Buy •Startup-Driven Innovation
18
6 Ways To Engage Startup-Driven Innovation
Events/Training
Programs/Services
Coworking
Accelerators
Spinoffs/Licensing
Investments/M&A
