A Model for Dual Corporate Innovation Management

As reiterated by Tim Kastelle in the previous post, it’s imperative to distinguish discovery from execution when it comes to startup and innovation activities – bearing in mind that both purposes are complementary and equally important. This suggests following a dual approach for balanced corporate innovation management. The main objective of dual approaches is to sufficiently separate exploration-/discovery-oriented initiatives from exploitation-/execution-oriented ones […]

Innovation Requires a Bias Towards Action

“They made fun of Galileo, and he was right. They make fun of me, therefore I am right.” That’s a logical fallacy. One way to avoid it is to actually test out our ideas – you can prove people wrong by making your ideas work. This is part of why innovation requires a bias towards action.

Innovation and Serendipity

This post was first published at Integrative Innovation.   In a previous post, I have pointed out the importance of diversity for innovation and organizational adaptability. Diversity is a crucial precursor to serendipity. In the Power of Pull, John Hagel, John Seely Brown and Lang Davison emphasize the rising need for serendipity: We need to […]

Do You Really Know What Business You’re In?

In 1993 you needed a phone, a laptop, a camcorder, a palm pilot, a watch, a walkman and a pager to do most of what you can do today with your smartphone. That’s amazing, and there are some important innovation lessons that follow from this.