Running a corporate incubation program is not like operation a product pipeline. It’s an uncertain, probabilistic endeavor. Can you wrap your mind around it or do would just prefer to go through the motions blindly?
A few days ago, I was discussing how wrapping your head around the Monty Hall problem could help you better understand the importance of failure in innovation. If you take it a step further today, we could argue that most corporate incubation programs should be build around this probabilistic calculation.
Continue reading “Building corporate incubation with Monty Hall”
Corporations have a new-found love for startups, and they broadcast it as loudly as possible in all medias. Why is that such a dumb idea to start with, and how to adjust?
As a quick follow-up on my first two articles on corporate innovation (part 1 and part 2), I’ll be presenting a keynote on the relation between startups and corporations in Europe, for companies in the mobility market. Continue reading “When corporates meet startups”
This series of articles will try to unpack and lay out the conceptual and technical tools required to design an effective corporate incubation program.
After years of strain and pressure from new digital opportunities that passed by, multinational corporations seem to have found their innovation mojo back. Their idea has been incredibly simple after all: let’s embrace the strategies that created Uber-like challengers out of nowhere. By creating your own disruption engine — and keep it under control — you will finally outrun all these puny startups, and find new business models of your own. Continue reading “Writing your corporate incubation playbook – Part 1”