Remove Development Remove Incubator Remove Operations Remove Stage-Gate
article thumbnail

Two Questions to Ask Before You Set Up an Innovation Unit

Harvard Business Review

Drawing on our findings, we have developed a framework that breaks the Corporate Innovation Unit’s (CIU) role into seven distinct tasks. At Samsung, the other aspects of the innovation process are relatively well managed at the operating level. following a traditional stage-gate process).

article thumbnail

How to Hand Off an Innovation Project from One Team to Another

Harvard Business Review

Truth is, you can have the right portfolio of investments, the right metrics and governance, the right stage-gate development process, and the right talent on the right teams — but if you don’t design the right handoffs between your teams, all of that planning falls apart.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Fund Indian Start-Ups

Harvard Business Review

Even more difficult is to build a business that requires capital out of the gate. However, if you need capital to validate, you are operating in a zone that will be full of very dark hours. But if you need funding in the seed stages, before validation, there is very little capital in the system.

article thumbnail

The 5 Requirements of a Truly Innovative Company

Harvard Business Review

By now, your company probably has a new busi­ness incubator, an idea wiki, a disciplined process for mining customer insights, an awards program for successful innovators, and maybe even an outpost in Silicon Valley—all fine ideas—and yet, most likely, it still struggles to meet its growth goals and seldom thrills its customers.