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We're getting ready for TWO Learning Labs this week... will you join these crucial conversations? Check innov8rs . co / learning-labs / for more info. ?? Tuesday 12 November - Open Innovation First, George Wu, will explore the strategic, operational, and cultural factors that drive the success or failure of ventures, both within and outside a company. The discussion will focus on key elements such as resource allocation, leadership alignment, speed of execution, and risk management. Second, Ronja Stoffregen will reflect on the impactful journey of the DB SCHENKER STARTup terminal Venture Client Unit: the various pilots, the implementation of an impact-driven target operating model, incl process, governance model, brand and leadership in tumultuous times. ?? Wednesday 13 November - Climate/SDG Steering your innovation portfolio based on financial metrics is rather common practice. But what if you want to make sustainability and SDGs a strategic driver? How can you reflect the wide sustainability impact, including health, nature and social aspects in your process? In the first session Martijn Antonisse will share his experiences in developing a Sustainable Portfolio Steering methodology. In the second session JoAnn Garbin, leader of Microsoft's 'Regenerative Datacenter of the Future' program, will demonstrate how to transform sustainability from a cost center into a powerful driver of innovation and competitive advantage, showcasing Microsoft's innovative approach, including extensive stakeholder engagement, rapid design and development cycles, and the formulation of guiding principles for regenerative sustainability. #corporateinnovation #innovationmanagement #openinnovation #sustainability

Can you make innovation everyone’s priority? It’s an admirable goal, since if all employees are invested in finding ways to do things better there’s a far higher chance of new ideas and initiatives being successful. This is the belief of Vlora Muslimi, Senior Manager at TD Bank Group, who’s responsible for the organization’s iD8 program- a formalized way of fostering innovation across all areas of the bank. So how does this work? Following her recent case study talk with members of Innov8rs Community, we spoke to her to find out more. https://lnkd.in/d9-buFZV

Finally, the votes are in... (no, not those) Here's our list of the 8+1 most important updates this month, collected in today's [i8upd8] newsletter ?? ? At The Innovator’s Handbook 2024 Launch Event last December, thought leaders shared their predictions for what would happen in 2024. The year did fly by… and much has happened. With 2024 already in its final quarter, we asked Alexander, Gina, Frank, Dan, Jennifer and Alf how their prediction played out https://lnkd.in/dfbyF_gT ? Succeeding with innovation is about closely aligning innovation efforts with business strategy, with every innovation activity tied to two specific parameters- a clear set of strategic growth priorities and a strong understanding of a firm's unique advantages, says David Rogers https://lnkd.in/dMzj6Upa ? Can you make innovation everyone’s priority? If all employees are invested in finding ways to do things better there’s a higher chance of new ideas and initiatives being successful, suggests Vlora Muslimi of TD Bank Group, responsible for the iD8 program https://lnkd.in/d9-buFZV ???A playbook for making transformational innovations successful, organized around 4 major challenges: providing sufficient leadership, building the right team, mobilizing resources and capabilities, and making big-bet decisions https://lnkd.in/e68gkTaU ???Companies that prioritize venture building are doing so for growth. Today’s technology innovations have heightened the opportunity—and the pressure—to do so https://lnkd.in/eiZjRp9e ???In this podcast Susan and Rob delve into the transformative potential of Impact Frameworks. By meticulously defining, aligning, and executing impact through detailed strategic roadmaps, companies can navigate the complexities of modern markets and unlock substantial opportunities for growth and innovation https://lnkd.in/eNrZhqnQ ??With many innovation methodologies available determining which approaches are most appropriate for a given organization can be a challenge. This comprehensive guide demystifies the complex world of innovation methods https://lnkd.in/dikGEHaG ?? Companies can be innovative and future oriented during times of uncertainty and industry slowdown by making strategic choices about where to invest and how to allocate resources, with a focus on near-term opportunities that align with long-term goals https://lnkd.in/en2DED_e ?? AI can enhance, enable, or replace traditional open innovation practices, changing the scope and efficiency of both outside-in and inside-out OI https://lnkd.in/eZEufApt

Finally, the votes are in... (no, not those) Here's our list of the 8+1 most important updates this month, collected in today's [i8upd8] newsletter ?? ? At The Innovator’s Handbook 2024 Launch Event last December, thought leaders shared their predictions for what would happen in 2024. The year did fly by… and much has happened. With 2024 already in its final quarter, we asked Alexander, Gina, Frank, Dan, Jennifer and Alf how their prediction played out https://lnkd.in/dfbyF_gT ? Succeeding with innovation is about closely aligning innovation efforts with business strategy, with every innovation activity tied to two specific parameters- a clear set of strategic growth priorities and a strong understanding of a firm's unique advantages, says David Rogers https://lnkd.in/dMzj6Upa ? Can you make innovation everyone’s priority? If all employees are invested in finding ways to do things better there’s a higher chance of new ideas and initiatives being successful, suggests Vlora Muslimi of TD Bank Group, responsible for the iD8 program https://lnkd.in/d9-buFZV ???A playbook for making transformational innovations successful, organized around 4 major challenges: providing sufficient leadership, building the right team, mobilizing resources and capabilities, and making big-bet decisions https://lnkd.in/e68gkTaU ???Companies that prioritize venture building are doing so for growth. Today’s technology innovations have heightened the opportunity—and the pressure—to do so https://lnkd.in/eiZjRp9e ???In this podcast Susan and Rob delve into the transformative potential of Impact Frameworks. By meticulously defining, aligning, and executing impact through detailed strategic roadmaps, companies can navigate the complexities of modern markets and unlock substantial opportunities for growth and innovation https://lnkd.in/eNrZhqnQ ??With many innovation methodologies available determining which approaches are most appropriate for a given organization can be a challenge. This comprehensive guide demystifies the complex world of innovation methods https://lnkd.in/dikGEHaG ?? Companies can be innovative and future oriented during times of uncertainty and industry slowdown by making strategic choices about where to invest and how to allocate resources, with a focus on near-term opportunities that align with long-term goals https://lnkd.in/en2DED_e ?? AI can enhance, enable, or replace traditional open innovation practices, changing the scope and efficiency of both outside-in and inside-out OI https://lnkd.in/eZEufApt

Such great conversations in this week's Learning Labs... thanks Jan, Claus, Fabian & Jon... The program continues next week. You can still join the series and participate live in the remaining 5/8 Learning Labs (plus catch the recordings of earlier sessions). ?? Wednesday 6 November - Incubation, Venture Building & Scaling Corporate innovation as it has been practiced is dead. In the first session, Misha de Sterke and Jeroen Tjepkema will elaborate and explain on how companies can future-proof themselves by building a portfolio strategy that focuses on protecting, growing and transforming its core business. Stop putting time, money and resources in non-scalable innovations, instead Misha and Jeroen will give you a powerful 5 step approach that focuses on delivering growth at scale. In recent years, corporations have begun adopting the venture studio model to create a portfolio of fast-scaling startups from scratch, in order to lower the cost and time of innovation cycles while (hopefully) increasing impact. In the second session, Elliott Parker Founder and CEO of High Alpha Innovation, will reveal the insights from a decade of studio operations and the creation of over 70 venture backed startups. You'll learn how corporations are using the model to transform their core business and win. Either/both approach could fundamentally change your approach to innovation management. With the stakes being as high as they are currently for every innovation team... you can't afford to miss this one :) For more info and to apply to join, go to innov8rs . co / learning-labs #venturebuilding #growth #venturestudio #corporateinnovation #innovationmanagement

The innovation profession has come a long way in the past few years. From its humble and experimental beginnings, we’ve now got a range of tried and tested techniques for how to put innovation into practice, taking new products and features from ideation to the next big thing. But while this sounds simple, we all know it’s anything but… And for Tendayi Viki there’s one thing innovation methodologies have always failed to address. This is the human side of corporate innovation - the psychology of the people involved in the work, the way they behave, and their relationships with each other within a large organization. Find a way to work well with people outside the innovation department, and you might just crack the code to successful innovation within your company. Here’s how > https://lnkd.in/eCrX5QsM #innovationleadership #corporateinnovation

It's the second week of our Q4-series of Learning Labs... we can't wait to dive in after the great first session last week with Miikka Leinonen & Tendayi Viki. There's still time to join the series, with 7 live workshops happening in the next weeks. Check for info https://lnkd.in/dGrYPjky ?? Wed 30 Oct - Governance & Portfolio Management In the first session Jan Sedlacek will share - how integrating new revenue streams can dramatically enhance performance, far surpassing traditional business models focused solely on core operations - how a carefully managed venture portfolio, featuring innovative approaches such as ""venture studios"" and ""growth equity"" investments, can drive profound business impact In the second session Claus Hirzmann will help you answering questions like - Is it financially justified to accept an innovation initiative? - How to prioritize the opportunity portfolio for maximum value creation? - How to right-size the budget of the opportunity portfolio? The suitable financial capabilities for innovation are known as Real Options, as Claus will explain. ?? Thu 31 Oct - Foresight & Business Design Siemens Digital Industries has fully realized the need to become ambidextrous and develop its exploratory business building capabilities. How can exploratory innovation be accomplished in a capital-efficient, bold and successful way? In the first session, Fabian Rhein will present the Siemens Digital Industries’ modern innovation framework, which aims at building exploratory capabilities in addition to existing core business strengths and, thereby, turning Siemens Digital Industries into an Ambidextrous Organization. In the second session, Pilot44's Jon Corshen will explore how creator brands are emerging as powerful engines for innovation and growth. You'll learn how these brands are transforming traditional business models and engaging audiences in unique ways. #corporateinnovation #innovationmanagement

Imagine this: you’re on a game show standing in front of three doors. Behind one of the doors is a prize, behind the other two, goats. You select a door. The host then opens one of the remaining doors to reveal a goat, and offers you a choice. Do you want to stick with your original choice, or switch doors? Which option gives you a greater advantage of winning? This is the Monty Hall problem, made famous by the American TV show ‘Let’s Make A Deal’. On the basis of probability, you’re more likely to win the prize if you switch doors. But most people actually prefer to stick with their original choice. For Felix Hofmann, author of REFRAME - The Psychology of Innovation - this highlights a fundamental aspect of human psychology, which is really important when working in innovation. In his recent Innov8rs Learning Labs session on how to increase courage and risk-taking in large organizations, he explained why. https://lnkd.in/efETQFA2 #innovation #psychology #risk #opportunity

We're excited for the Q4-series of Learning Labs to start next week Tuesday.... As always, we'll dive into the best and latest in corporate innovation in 8 topical workshops. Fore more info and to apply to join, check https://lnkd.in/dGrYPjky Now... here's what we'll cover in the first workshop on "Strategy, Leadership & Organization". #innovationleadership #corporateinnovation #innovationstrategy #innovationmanagement ?? Tuesday 22 Oct - Strategy, Leadership & Organization In today’s business, driven by AI, digitalization, and emerging technologies, companies must embrace a new paradigm. Instead of rigid structures, businesses are transforming into dynamic, elastic flows, where products turn into personalized, data-driven services, and processes continuously adapt based on vast data ecosystems. The intangible—ideas, emotions, social interactions, and digital experiences—are now more valuable than the physical assets. However, many traditional strategies overlook these critical intangible assets. In this keynote, Miikka Leinonen, author of Your Business Strategy for the Intangible Future, will guide you through the new lexicon of strategy for this era. Innovation is a collaborative activity. No one person or group can succeed alone in creating an innovation. And if corporate innovators want to have a repeatable innovation process, then it is critical for them to build alliances with colleagues from other key functions in the organization. In the second session of this Learning Lab, Tendayi Viki will discuss practical tools and tips on how innovators can build the right relationships to support their innovation work. Relationship advice for innovators... who doesn't want that?

Uncertain economic circumstances more often than not lead to difficult conversations. As businesses enter leaner times, all areas of a business face greater scrutiny - the pressure to provide return on investment, or at the very least demonstrate a contribution to organizational goals. As Matt LeMay, product leader and author of Product Management in Practice, noted during a recent Innov8rs Learning Lab, the conversations happening now are long overdue in the product world. With organizations asking why product teams are important, and what to expect from them, how can product teams respond? https://lnkd.in/eriuKUsK