Remove Leadership Remove Operations Remove Power Remove Venture Funding
article thumbnail

What BMW’s Corporate VC Offers That Regular Investors Can’t

Harvard Business Review

At the time, BMW had no dedicated, company-spanning unit to leverage the creative power of startups. Only around 20% of technologies funded by CVC&A grab enough attention of business units to start co-innovation pilot projects with portfolio startups.

article thumbnail

The 5 Requirements of a Truly Innovative Company

Harvard Business Review

” What we’ve observed is that in most organizations, the innovation power­train is missing several critical components. Balance: the mix of different types of innova­tion (product, service, pricing, distribution, operations, etc.); Imagine a car motor that lacks a transmission, timing belt, water pump, or starter.