End of Innovation Conference Keynote
Systems Approach to Creating an Innovation Funding Board
Invent, and Co-Develop.
mission of this team is 'to help teams to drive business impact through
conversations about pivots and by providing rigor and process. 'It's easy for
an engineer to disappear into a corner, create something that fails terribly
well in the market in two years.' The mindset requires toughness and fortitude.
agnostic, rich in examples, methods, and processes. The goal is to provide
offers innovation coaching and mentoring to provide business expertise,
technical expertise, and incubation expertise.
juju to them, so we provide resources to help them,' Wirkus adds. We have also
begun a three-day Startup bootcamp that is focused on human-centered design. 'The
engineers get antsy when they have to deal with people rather than things for
the first day-and-a-half.' After this immersion into the people-side empathy, a
minimally viable product gets built.
Stay rigorously customer-center.
an innovation funding board and set budget helps stimulate real process. 'We
treat people like adults, give a little guidance, but make it as simple as
possible,' he says. Due diligence is customer-centered learning'this is the
main point of the stress test.
milestones. The outputs include: Opportunity Charter, an Initial
Discovery-driven Business Plan, an Interim Discovery-driven business plan, and
an Implementation Business Plan.
funding boards, blending Lean Startup and Venture Capital concepts. We provide
the logistics and basic methods.
influence. We change the way the 'teams talk.'