Innovation in Large Companies

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Implement an innovation culture in large organizations without disrupting the existing operation. These prompts help you create experimentation programs, balance exploration with execution, and measure the results of innovative initiatives with the right metrics.

Who this area is for

Innovation directors, intrapreneurs, digital transformation managers, innovation consultants, corporate innovation lab leaders

Frameworks and methodologies

Innovation Portfolio Management (innovation portfolio management: Core, Adjacent, and Transformational), Ambidextrous Organization (ambidextrous organization that explores and executes simultaneously), Innovation Accounting (innovation accounting with dedicated metrics: validated learning, actionable metrics), Design Sprint (5-day design sprint to prototype and test ideas quickly)

Prompts in this use case

Build a Culture of Innovation in Your Company

If every time someone suggests something new the answer is "we have always done it this way" or "we do not have time to experiment," your company has a culture problem, not an idea

innovation culturehow to innovate in your companycorporate innovationcultural transformation+3

Innovate Without Breaking What Already Works

The dilemma of every growing company: focus only on what makes money today and you will be overtaken tomorrow. Invest everything in innovation and you can go broke before reaping t

innovation and operationshow to innovate in a large companyportfolio managementexplore and execute+3

Measure if Your Innovation Projects Are Working

When a company invests in innovation projects but has no way to measure whether they are delivering, it becomes impossible to know whether to keep going, pivot, or shut them down.

innovation metricshow to measure innovationinnovation projectsinnovation return+3

Organize Innovation Projects by Risk Level

If all your innovation projects are incremental, you are not innovating — you are improving. If they are all radical, you are betting too big. The ideal is a balanced portfolio wit

innovation portfolioinnovation managementinnovation projectshow to organize innovation+3

Set Up an Innovation Lab Inside Your Company

Innovating without testing is shooting in the dark. But most companies do not have a structured process to experiment with ideas quickly and cheaply before investing heavily. This

corporate experimentationhow to test ideasinnovation labquick tests+3

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