By: Dr. Irene Spitsberg, the Managing Director at InnoVentures LLC Large companies are not start-ups and never willbe. They are designed and operate differently. To innovate effectively, large companies can’t just replicate start-up principles. Rather, they must adapt them in ways that are smart and tailored to their organization. Visionary leaders understand the marketplace is rapidly changing. […]
By: Dr. Irene Spitsberg, the Managing Director at InnoVentures LLC Organizations tend to spend most of their innovation efforts on generating, evaluating and selecting ideas. While this is important, the real challenge emerges when attempting to bring these ideas to market. For many companies, the execution of innovation continues to remain an “afterthought” rather than becoming a […]
By: Dr. Irene Spitsberg, the Managing Director at InnoVentures LLC There is myth and mystique surrounding innovation, namely that its key lies in finding great ideas and selecting the best ones. However, this quickly dissolves when these ideas meet the challenges of execution. The troubling fact is that as companies are pursuing entrepreneurial and intrapreneurial and efforts […]
By: Dr. Irene Spitsberg, the Managing Director at InnoVentures LLC Agile Innovation and Lean Startups concepts have been around for a while. But if you ever tried to apply these entrepreneurial concepts in a large company, then you know that it is quite challenging and can be frustrating. (I know this from my first-hand experience). The reason for this […]
