Remaining Optimistic About the Future as Our World Shifts Around Us
March 25, 2020
These are scary times for us all. No matter how seriously you might take (or not) the warnings and advice from experts, Covid-19 is quickly becoming a personal reality for many. As of this writing, my family is very fortunate not to have contracted the virus. Still, I worry tremendously, not only about the physical health of my family at home (my wife and youngest daughter) here in Florida and two other adult children who have sheltered in place (in Detroit and Chicago), but also about the stress and uncertainty it's creating for all of them. Again, we're all generally healthy and we're very lucky. We pray for those who have lost loved ones. And we are in awe of the tremendous courage and selflessness that we are witnessing with healthcare workers unflinchingly risking their own health and lives to provide care for others... all without even the basics of protection and support.
Tags: Open Innovation, Future of Work, COVID19
The Next Evolution of Open Innovation
June 01, 2016
Operating with an open innovation model takes a little – sometimes a lot – of faith. Even with some high-profile case histories from P&G, Unilever, General Mills, and others, there are many companies aiming to embrace open innovation that are finding the timelines challenging. It’s actually still pretty difficult to find large-scale and compelling data on objective business results across companies from open innovation.
Tags: Open Innovation
Adapting Lean Startup Principles for Corporate Innovation
May 24, 2016
Venture2 has promoted the value of rapid iterations and in-market experimentation long before Lean Startup became a popular trend. We have a long track record of working with both entrepreneurs and large companies helping clients adapt the principles of lean and incorporate them within their innovation and new business creation efforts. Unfortunately too many companies are attempting to apply lean startup principles wholesale, which simply won’t work. Why? Startups and large companies are different animals.
Tags: Innovation, Lean Startup
Can Lean Startup Principles Work for Corporates?
April 21, 2016
How are smaller firms able to churn out value while bigger firms stumble? One reason is the business practice known as lean startup methods, popularized by Eric Ries’s book of the same name, which is a new idea to big companies but a way of life for many entrepreneurs today. Lean startup approaches apply an iterative process termed “build-measure-learn” to take an idea from lightbulb moment to marketplace fruition.
Tags: Lean Startup
The Hybrid Innovation Engine for Growth
March 28, 2016
We all like to believe that we can be all things and do all things internally and for our customer. This is especially true when we’re talking about things specific to our industry. We’re the experts, the leaders; but when it comes to disruptive innovation that’s rarely true.
Tags: Digital Disruption, Innovation
Innovation: Old Game vs New Game
March 16, 2016
The innovation game is changing and it’s playing out differently across big and small companies. Large companies are having difficulties in generating and implementing big new ideas. They’re playing an old game of incremental innovation in a world where customers expect more and competition is moving faster than ever. Entrepreneurs may hold the solution. In fact, I believe that large companies and startups can co-create transformative new businesses - a new game.
Collective Disruption: How Corporations and Startups Can Co-create Transformative New Businesses (Paperback)
May 01, 2016
Collective Disruption makes the case for corporations and startups to partner in new ways to co-create new businesses. Large corporations need new sources of growth, but struggle to embrace entrepreneurial, high-risk opportunities. Many startups excel at using speed and agility to incubate breakthrough ideas, but lack access to brands and distribution for scale. Large companies and startups can collaborate earlier and more deeply in creating and scaling transformative innovation and new business opportunities.
Tags: Digital Disruption, Innovation, Open Innovation
Collective Disruption: How Corporations and Startups Can Co-create Transformative New Businesses (Hardcover)
April 11, 2015
Large corporations need new sources of growth, but struggle to embrace entrepreneurial, high-risk opportunities. Many startups excel at using speed and agility to incubate breakthrough ideas, but lack access to brands and distribution for scale. Large companies and startups can help each other. They can collaborate earlier and more deeply in creating and scaling transformative innovation and new business opportunities.
Collective Disruption makes the case for corporations and startups to partner in new ways to co-create new businesses. Docherty has lived in both of these worlds and draws on decades of experience as well as interviews and case studies from scores of leading companies and successful startups applying these principles today.
Tags: Digital Disruption, Innovation, Startups