Harvard Business Review

MAY 6, 2015

The fear of getting Netflix-ed or Uber-ized is spurring big companies to dial up their investment in innovation. But as investment increases, many companies are struggling with a challenging question: how do you know whether your chosen innovation strategy is actually bearing fruit? Number of projects in the innovation pipeline.

Metrics 8

Metrics Innovation Company Stage-Gate 8

Harvard Business Review

AUGUST 12, 2015

Or, if investors are enthusiastic about a new business that Liberty is incubating inside one of its existing companies, he can spin out that business as a “newco” with its own stock. If he thinks one of Liberty’s companies has a rich valuation, he can sell more stock to outside investors at a high price.

Examples 8

Examples Incubator Restructuring Maturity 8

Harvard Business Review

SEPTEMBER 4, 2017

In research for our book, Time, Talent and Energy, my co-author Michael Mankins and I found that such investments do indeed pay off: The top-quartile companies in our study unlocked 40% more productive power in their workforce through better practices in time, talent and energy management.

Human Capital 15

Human Capital Kaizen Agility Energy 15

Harvard Business Review

MAY 13, 2014

You need to think like a portfolio manager, allocating resources both to innovate in your core and for the future. Knowing that today’s operations will almost always win the lion’s share of resources, you need to consciously create a protected class of innovative ideas to invest in, even if money is tight.

Six Sigma 9

Six Sigma Incubator Payback Period Ries 9

Harvard Business Review

SEPTEMBER 17, 2014

Your energy and track record of successfully launching high-impact initiatives scored you a plum role heading up innovation. Expectations are high, but some skeptics in the organization feel that innovation is an overhyped buzzword that doesn’t justify being a separate function. Congratulations!

Innovation 8

Innovation Planning Short-term Long-term 8

Harvard Business Review

MAY 22, 2017

For example, Walmart now offers optometry services, beauty salons, and restaurants. Another way to redefine the terms of the automation debate is to provide stock to employees, something many of the world’s most innovative companies already do. This is already beginning to happen. But why stop there? That isn’t true.

Company 12

Company Creativity Retail Business Model 12

Harvard Business Review

MAY 31, 2011

based solar energy companies produce systems that compete on price, opening up huge new mass markets for renewable energy? These examples make clear that the U.S. will need radical and disruptive innovation to reinvent its clean-tech economy. The Chinese now account for 80% of this market and will soon take it global.

Incubator 13

Incubator Business Model Mass Marketing Globalization 13

Harvard Business Review

MARCH 12, 2013

For example, take these recent dire predictions: Machines will steal all the jobs. Young scientists will invent energy-saving or health-promoting products, incubate new ventures while still in college, and sell them to markets eager for ways to control energy or health care costs. Everything else is up in the air.

Health Care 15

Health Care Merchandising Incubator Airlines 15

Harvard Business Review

MARCH 8, 2013

The smartest minds in social innovation are increasingly committed to engaging with the private sector to make significant changes in areas like health, education, and poverty. What happens when you reverse that model and place these investments at the front-end of your corporate innovation strategy? The Innovation Continuum.

Entrepreneur 8

Entrepreneur Porter Team Innovation 8

Harvard Business Review

MARCH 12, 2013

For example, take these recent dire predictions: Machines will steal all the jobs. Young scientists will invent energy-saving or health-promoting products, incubate new ventures while still in college, and sell them to markets eager for ways to control energy or health care costs. Everything else is up in the air.

Health Care 8

Health Care Merchandising Incubator Airlines 8

Harvard Business Review

OCTOBER 25, 2011

Bob is the Managing Partner of The Re-Wired Group in Detroit, an innovation incubator and consultancy specializing in demand-side innovation. My quandary has led to a considered, lengthy discussion with Bob Moesta, a demand-side innovation expert, about how to decide whom to mentor.

Mentor 15

Mentor Christensen Incubator Learning-by-Doing 15

Harvard Business Review

MARCH 12, 2012

These four elements set the stage for disruptive innovation to emerge, which suggests a more focused approach to national cleantech policy — and a path towards competing asymmetrically with China. Denmark, for example, has catalyzed the creation of its electric vehicle infrastructure through progressive tax policy.

Disruptive Innovation 10

Disruptive Innovation Competitive Advantage Business Model Technology 10

Harvard Business Review

JANUARY 5, 2011

He has challenged Indian companies to come up with inclusive business models that deliver more value at less cost for more citizens — be it in agriculture, healthcare, education, energy, or financial services. Jaideep Prabhu is the Jawaharlal Nehru Professor of Indian Business and Enterprise.

Business Model 15

Business Model Bottom-up Entrepreneur Incubator 15

Harvard Business Review

FEBRUARY 3, 2016

IBM Watson’s progress in the health care market is a significant example and driver of the transformation, providing big lessons to IBM and to every large company that must disrupt its own business — or watch competitors do it first. A good example is Google’s acquisition of Nest. Acquire ideas, not just revenue.

Venture Capitalist 8

Venture Capitalist Short-term ROI Long-term 8

Harvard Business Review

OCTOBER 27, 2016

Their stories are prominent examples of a widespread pattern. Finding that it helped ease his jet lag, he decided to license the product and sell it in Austria under the name Red Bull Energy Drink. It suggests that public money may be better spent on building incubators for migrant entrepreneurs than on building border walls.

Entrepreneur 8

Entrepreneur Venture Capitalist Retail Incubator 8

Harvard Business Review

MAY 27, 2015

We see ourselves as risk-takers and innovators. Over the last six years the federal government funded more than 50 new regional innovation “clusters,” and across America new accelerators and entrepreneurship boot camps are proliferating. Ecosystems for innovation and entrepreneurship support.

Entrepreneur 8

Entrepreneur Policies Banking Innovation 8

Harvard Business Review

APRIL 10, 2013

For example, in France it is twice as likely to find a 49-person company as a 50-person company. For example, it is nearly impossible for scaling ventures in many countries, including Brazil and Denmark, to count on an IPO for a successful exit. Economy Entrepreneurship Innovation' Convene, celebrate, catalyze.

Entrepreneur 8

Entrepreneur IPO Incentives Venture Capitalist 8

Harvard Business Review

JANUARY 29, 2015

Key selection criteria included experience in innovative software and service (versus product) development, and an ability to manage a start-up in a very large, complex company. A design studio is geared for collaboration and innovation work with customers and partners. The first step was to hire someone to run it.

Software 8

Software Six Sigma Insourcing P&L 8

Harvard Business Review

OCTOBER 23, 2018

From automotive to semiconductors to pharma to clean energy , America’s innovation centers have shifted east, offering growing evidence that the U.S. We have identified four principles with straightforward steps that policymakers, business leaders, and universities can take to restore innovation ecosystems.

Innovation 12

Innovation Offshoring Engineering Automotive 12

Harvard Business Review

DECEMBER 18, 2015

For example, in our New York office, where I’m based, we all came together to design our “phone booths,” or rooms for private calls, each themed after a famous New Yorker (Woody Allen, Robert De Niro). Bottom-up innovation. For example, one of our fastest-growing businesses focuses on education.

Bottom-up 8

Bottom-up Incubator Brainstorming Learning-by-Doing 8

Harvard Business Review

FEBRUARY 2, 2015

This is not a surreal scene painted by Salvador Dali, but rather a workshop convened by The Finance Innovation Lab (which Rachel co-founded). To capture the energy created by the financial crisis to bring together people who don’t normally talk to one another to design a new financial system. The purpose?

System 8

System Incubator Supply Chain NGO 8