The Ten Types of Corporate Innovation Programs

Large, established companies are trying on various programs to foster new innovations in an attempt to find the best way to change course for their big ships. These established companies are struggling to keep up with fast-paced, venture-backed startups that are changing customer expectations — and often causing business model disruption for traditional businesses. To combat this ever-growing threat, corporations are stepping up their investments in innovation and deploying a variety of strategies, as outlined in the following table. As founder of Crowd Companies, an Innovation Council, we work directly with these innovation teams and have been able to observe and document these types of programs. Often, companies are combining strategies and deploying multiple efforts at any given time. In … Continue readingThe Ten Types of Corporate Innovation Programs

“BMW Welcomes” Explores the Future of Mobility (Video)

What moves us tomorrow? That’s the question BMW posed to its expert speakers at BMW Welcomes, held at BMW Welt in Munich, Germany, on June 23. where I served as emcee of event. BMW Welcomes gathers transportation futurists from around the globe to examine topics from Hyperloop to space travel. In this video you’ll learn: What is the future of mobility? How is the space industry going to enable change? How will Hyperloop going to change transportation? And more. What ensued was riveting conversation about the future of mobility and how major automotive players and international technology innovators are rethinking car ownership in favor of new transportation innovation and sharing behaviors. The Collaborative Economy will play a role, though it’s only a … Continue reading“BMW Welcomes” Explores the Future of Mobility (Video)