I was giving a keynote this week at Tech Summit Amsterdam on corporate incubation. My discussion was about how most innovation programs get usually shut down within the first two years (three years top). As they are often incapable of showing any result for the time, budget, and team resources they consumed on ideation and whatever they do with startups, someone from the executive committee eventually comes in and calls it a day.
In that context, I tried to share five actions that could be done in any kind of program setup. These steps are admittedly my get-go tactics to get things back on track and help the program management and the company understand the value of innovation.
Let's go through the key slides together:
First off, I presented these steps on a timeline of 12 weeks. What can you do on Week 1, Week 3, etc.?