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Stop Chasing Unicorns

  • Posted by Dan Toma
  • On 20/09/2021
Ever since the whole frenzy with corporate innovation started back in 2010 countless millions have been spent by corporations around the world on a variety of innovation-driving vehicles.  Some companies were driven by the fear of disruption, others were driven by the pursuit of higher return multipliers. Regardless of the reason, a significant group of […]
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Why build a system for innovation

  • Posted by Dan Toma
  • On 07/07/2021
While the debate of innovation being art or science is still raging on we have to admit that not everyone in a large company is going to be a ‘Steve Jobs’. And nothing’s wrong with that. Also, independent of how much your HR department is struggling to attract the best innovation talent, the company will […]
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Strategy ahead of the technological curve

  • Posted by Dan Toma
  • On 11/12/2020
Most established organizations tend to be a bit more prudent when it comes to new technologies and integrating them in their strategic options, however totally ignoring these is not an option either. Technology developments influence our lives. They bring about disruption by enabling business models that weren’t previously possible. Business models which squeeze out the […]
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To drive innovation, you must understand your ecosystem

  • Posted by Dan Toma
  • On 17/11/2020
An innovation ecosystem’s many elements must work in sync for growth to happen, write Cris Beswick, Dan Toma and Ricardo Vargas In 1878 Leo Tolstoy released what would become one of his most acclaimed works, the novel ‘Anna Karenina‘. The book started with a quote that over the centuries has transcended disciplines: ‘Happy families are […]
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The First Step in Improving an Ecosystem

  • Posted by Dan Toma
  • On 13/10/2020
In 1878 Leo Tolstoy released what would become one of his most acclaimed works, the novel Anna Karenina. The book starts with a quote, that over the centuries will transcend disciplines: “Happy families are all alike; every unhappy family is unhappy in its own way.” Taken literally, the quote is a good reflection on family […]
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Creating an innovation strategy is a team effort!

  • Posted by Dan Toma
  • On 28/09/2020
An inclusive and consensual approach to developing bold innovation strategies is needed. Why, you ask? Historically speaking, strategy formulation was an activity reserved for a select group of individuals in an organisation or external consultants.  Starting in the 80’s the strategy development process was professionalised as it evolved from the chief executive’s domain into a […]
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The 9 Mistakes Venture Boards Make

  • Posted by Dan Toma
  • On 31/08/2020
Although in principle everyone agrees that corporations need to get better at mimicking the venture capital world when it comes to taking investment decisions in ventures, in reality this is proving harder to apply.  One of the vehicles corporations created internally to be able to make better and faster decisions with respect to their innovation […]
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Measuring Ethics

  • Posted by Dan Toma
  • On 04/08/2020
Today all industries go through changes, making an understanding of the factors that influence purchase decisions highly important. With every firm attempting to gain a desired share of the market by providing the highest quality products that are readily available at a reasonable price – the competition is fierce. However, in an abundant world where […]
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The Venture Boards

  • Posted by Dan Toma
  • On 16/07/2020
Measuring innovation at product team level is not enough to have an innovation accounting system. Innovation has become an important activity for the survivability and future profitability of a company. Therefore more and more stakeholders are drawn to the process of building the company’s future offerings.  Keeping one group of stakeholders in the dark is […]
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