Steve Blank

article thumbnail

Lean Innovation Management – Making Corporate Innovation Work

Steve Blank

—– Lean Innovation Management. Each horizon requires different focus, different management, different tools and different goals. Management in this Horizon 1 works by building repeatable and scalable processes, procedures, incentives and KPI’s to execute and measure the business model. A 50x speedup kind of fast.

Lean 120
article thumbnail

The Three Pillars of World-class Corporate Innovation

Steve Blank

The playbook describes the three pillars of corporate innovation: Innovation Portfolios, Innovation Programs and a Culture of Innovation. Innovation Portfolio: what are your company’s portfolio of innovation projects? Innovation Programs: how are your company’s innovation programs are structured and managed.

Portfolio 367
Insiders

Sign Up for our Newsletter

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

article thumbnail

Corporate Acquisitions of Startups: Why Do They Fail?

Steve Blank

The Innovation Portfolio. Companies manage these three types of innovation with an innovation portfolio – they build innovation internally, they buy it or they partner with resources outside their company. What can companies learn from others’ failed efforts to integrate startups into large companies?

article thumbnail

Even the Smartest VCs Sometimes Get it Wrong – Bill Gurley and Regulated Markets

Steve Blank

Eventually you’ll need to build an in-house team to manage regulatory affairs. Have them tell you how they helped other companies in their portfolio succeed, pitfalls to avoid, and the lobbying resources they can bring to bear. will move the needle.

article thumbnail

Why Big Companies Can’t Innovate

Steve Blank

Ron is a managing partner of Schaffer Consulting , and is currently serving as an Executive-in-Residence at the Haas School of Business at UC Berkeley. Blank explains that this is why companies need a portfolio of new business start-ups rather than putting all of their eggs into a limited number of baskets.

article thumbnail

ESADE Business School Commencement Speech

Steve Blank

But the world you lead will be much different from the one your professors knew or your predecessors managed. Yet in the face of all this change, traditional firms continue to embrace a management ethos that values efficiency over innovation. To manage these employees companies create metrics to control, measure and reward execution.

article thumbnail

Technology, Innovation, and Great Power Competition  – 2022 Wrap Up

Steve Blank

General Bucky Butow – Director of the Space Portfolio. Final Problem Statement: How should the US manage China’s dominance in solar panels? For semiconductors, the White House Coordinator for the CHIPS Act – Ronnie Chatterji, and the CTO of Applied Materials – Om Nalamasu. For Artificial Intelligence, Lt.