Blog Category: External Innovation

November 17, 2017

Three Skills Great Innovation Teams Have in Common

Innovation teams are in a tough spot. They’re at the nexus point of two very different (and equally complex) worlds. To source external innovation, they’re out building relationships in the fast-moving entrepreneurial world of startups, VCs, universities and accelerators. And to meet the needs of their enterprise stakeholders, they need to navigate an internal system Read More

September 11, 2017

Innovation ROI and the Value of a Need

Innovation ROI - Calculate

Enterprises understand more than ever that innovation is integral to their success. Which means that innovation budgets are growing and there is increasing pressure to show financial returns from that investment (i.e., Innovation ROI). Unfortunately when it comes to valuing the solutions that innovation teams deliver, things often get a bit fuzzy. The more established Read More

August 28, 2017

Capture Business Needs to Accelerate Innovation

Capturing business needs

Establishing a strategy and process for capturing business needs is the first step to accelerating the delivery of innovation. It seems obvious, but without understanding the demand you’re trying to fulfill, your chances of finding and delivering the right solutions are diminished.

June 12, 2017

What’s Keeping 73% of Fortune 500 CEOs Up at Night?

Fortune magazine came out with its annual survey of Fortune 500 CEO’s last week. My favorite question is when they ask CEO’s to name their biggest challenges. I pay attention to the responses because what people are worried about has a way of changing their behavior (including what they spend money on).

May 20, 2017

3 Ways Enterprises can be More Startup Friendly

We know that you really do want to be a good partner for startups — and, ultimately, to provide value back to your enterprise in the process — but how easy is it to move from initial conversation to getting a deal done? Be honest. Chances are that your attempts at partnering with startups are falling short. A lack of experience on both sides can often result in missed opportunities.

March 8, 2017

Innovation Network Management: Enterprise Innovation in Collaboration with Global Startups

What is Innovation Network Management? At Startgrid we define it as a scalable system for delivering external innovation to the enterprise. Why is this strategic to enterprise innovation teams?  There’s a rising chorus of voices talking about a new model of enterprise innovation. A model increasingly focused on combining internal innovation with a systematic approach Read More