Getting started with a Venture Board

A Venture Board is a key component of an innovation system – without one you can’t get the much needed innovation accounting metrics. here is how you set one up.

An executive summary of The Innovation Accounting book

An executive summary of the Innovation Accounting Book, Winner of the Golden Axiom Business Book Award 2022 for Business intelligence and Innovation. Definition of Innovation Accounting: “an organized system of principles and indicators designed to gather, classify, analyze and report data about a company’s breakthrough and disruptive innovation efforts – working to complement the existing […]

In Defense of Facebook

Facebook’s shares are dropping. Does that mean they are done for? Recently Facebook’s shares have dropped significantly. They registered the biggest single-day loss of any listed company in the history of the New York Stock Exchange. Apart from EU regulation issues, the loss seems to be primarily due to losing users on the platform. Affecting daily active […]

Measuring Open Innovation: measuring joint ventures

In previous articles we identified 4 types of open innovation practices incumbents can engage in and we looked at how two of the four can be measured. Specifically how can free and paid pilots be measured, how can acquisitions (M&A) be measured and how venturing (corporate venture capital investments) can be measured. Now let’s turn […]

Measuring Open Innovation: measuring corporate venture capital

In previous articles we identified 4 types of open innovation practices incumbents can engage in and we looked at how two of the four can be measured. Specifically how can free and paid pilots be measured and how can acquisitions (M&A) be measured. Now let’s turn our attention to a third type of open innovation […]

Measuring Open Innovation: measuring M&A

In a previous article we identified 4 types of open innovation practices incumbents can engage in and we looked at how one of the four can be measured. Specifically how can free and paid pilots be measured. Now let’s turn our attention to a second type of open innovation activity: acquisitions, more commonly referred to […]

Measuring Open Innovation: measuring free and paid pilots

Make no mistake, open innovation engagements are not single-sided deals; they have to work for both partners if they are to be effective. It is vital therefore that chief executive officers of both the corporate and the start-up share common strategic goals of delivering innovation whilst at the same time growing their respective companies, improving […]

Measuring Innovation Strategy

Innovation strategy

Our product launch has failed, our competitors opened in five new locations, and we’ve missed our targets. Where should we place the blame? Was it a bad launch by the marketing team? Bad luck that the competitor is moving fast? Bad numbers from market research? Or could it be the innovation strategy? We rarely measure […]

Measuring Innovation Culture

In the field of corporate innovation, one of the most often-used terms is “culture of innovation”. It’s the centre of the conversation when market success of companies like NETFLIX, Gore or Zappos is discussed. And it’s also brought up when people have a need to point fingers at some companies inability to grow beyond their […]