What’s Holding Uber Back

Posted June 2nd, 2014 by Scott Anthony in Innovation Insights

As a consumer, I absolutely love Uber. The other week I was at a dinner in a relatively remote part of Singapore. Afterwards, the hotel concierge furiously worked three phones to get taxi cabs to appear for the 15 people who were waiting with growing impatience. I clicked three buttons, and my ride was there in 12 minutes. It’s simple, and it works beautifully.

I also love Uber as a student (and teacher) of disruptive innovation theory, because the challenges the transportation company is encountering as it seeks to expand into new cities helpfully illustrate how to assess an idea’s disruptive potential.

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Why You Have to Generate Your Own Data

Posted April 21st, 2014 by Scott Anthony in Innovation Insights

This is it. You’ve aligned calendars and will have all the right decision-makers in the room. It’s the moment when they either decide to give you resources to begin to turn your innovative idea into reality, or send you back to the drawing board. How will you make your most persuasive case?

Inside most companies, the natural tendency is to marshal as much data as possible. Get the analyst reports that show market trends. Build a detailed spreadsheet promising a juicy return on corporate investment. Create a dense PowerPoint document demonstrating that you really have done your homework.

Read the rest of this entry »

Why You Have to Generate Your Own Data

Posted April 21st, 2014 by Scott Anthony in Innovation Insights

This is it. You’ve aligned calendars and will have all the right decision-makers in the room. It’s the moment when they either decide to give you resources to begin to turn your innovative idea into reality, or send you back to the drawing board. How will you make your most persuasive case?

Inside most companies, the natural tendency is to marshal as much data as possible. Get the analyst reports that show market trends. Build a detailed spreadsheet promising a juicy return on corporate investment. Create a dense PowerPoint document demonstrating that you really have done your homework.

Read the rest of this entry »

Why You Have to Generate Your Own Data

Posted April 21st, 2014 by Scott Anthony in Innovation Insights

This is it. You’ve aligned calendars and will have all the right decision-makers in the room. It’s the moment when they either decide to give you resources to begin to turn your innovative idea into reality, or send you back to the drawing board. How will you make your most persuasive case?

Inside most companies, the natural tendency is to marshal as much data as possible. Get the analyst reports that show market trends. Build a detailed spreadsheet promising a juicy return on corporate investment. Create a dense PowerPoint document demonstrating that you really have done your homework.

Read the rest of this entry »

How Corporate Investors Can Improve Their Odds

Posted March 27th, 2014 by Scott Anthony in Innovation Insights

When investing in new growth businesses, corporate leaders are commonly advised to behave more like venture capitalists. VCs, they’re told, take more of a long-term approach, have a greater degree of risk tolerance, and parcel out their funds in stages to mitigate risk.

All of this is right, as far as it goes. But having spent the past five years straddling between our consulting business (which advises large companies) and our venture investment arm (which provides seed investment to entrepreneurs), I now believe there is a more fundamental philosophical difference that corporate leaders need to adopt as well, if they’re serious about creating dynamic new growth businesses that stretch the boundaries of their current business models.

Read the rest of this entry »

How Corporate Investors Can Improve Their Odds

Posted March 27th, 2014 by Scott Anthony in Innovation Insights

When investing in new growth businesses, corporate leaders are commonly advised to behave more like venture capitalists. VCs, they’re told, take more of a long-term approach, have a greater degree of risk tolerance, and parcel out their funds in stages to mitigate risk.

All of this is right, as far as it goes. But having spent the past five years straddling between our consulting business (which advises large companies) and our venture investment arm (which provides seed investment to entrepreneurs), I now believe there is a more fundamental philosophical difference that corporate leaders need to adopt as well, if they’re serious about creating dynamic new growth businesses that stretch the boundaries of their current business models.

Read the rest of this entry »

How Corporate Investors Can Improve Their Odds

Posted March 27th, 2014 by Scott Anthony in Innovation Insights

When investing in new growth businesses, corporate leaders are commonly advised to behave more like venture capitalists. VCs, they’re told, take more of a long-term approach, have a greater degree of risk tolerance, and parcel out their funds in stages to mitigate risk.

All of this is right, as far as it goes. But having spent the past five years straddling between our consulting business (which advises large companies) and our venture investment arm (which provides seed investment to entrepreneurs), I now believe there is a more fundamental philosophical difference that corporate leaders need to adopt as well, if they’re serious about creating dynamic new growth businesses that stretch the boundaries of their current business models.

Read the rest of this entry »

Should Big Companies Give Up on Innovation?

Posted March 11th, 2014 by Scott Anthony in Innovation Insights

“Why bother?”

It’s a common question thrown at me by entrepreneurs, venture capitalists, or the more cynically minded corporate leaders.

Read the rest of this entry »

Should Big Companies Give Up on Innovation?

Posted March 11th, 2014 by Scott Anthony in Innovation Insights

“Why bother?”

It’s a common question thrown at me by entrepreneurs, venture capitalists, or the more cynically minded corporate leaders.

Read the rest of this entry »

Should Big Companies Give Up on Innovation?

Posted March 11th, 2014 by Scott Anthony in Innovation Insights

“Why bother?”

It’s a common question thrown at me by entrepreneurs, venture capitalists, or the more cynically minded corporate leaders.

Read the rest of this entry »