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How to be an
Innovation Rockstar
say hi
How to be an
Feel free to tweak, fix, remix
any part of this work, as long
Board of Innovation
makes corporates innovate
Innovation 02
Rockstar
as it is for non-commercial like startups, mixing proven
purposes and you credit Board methods from Design
of Innovation. Thinking and Lean Startup.
If you don’t, bad karma on you. www.boardofinnovation.com
04
A printer
Yep, you can print some stuff to make your
innovation office more inspiring in an instant
In This Guide
A Stay updated. B Set up an inspiring C Discover our D Find the best fit
space. innovation formats. for your company.
Innovation is speeding up - Create a space that nurtures So, now you know everything Now that you’ve seen some
no problem, here are some imagination and creativity. about innovation. Let’s important initiatives you can 05
suggestions to keep the Give opportunities to read make innovation happen! In launch to make your company
pace. You’ll find a selection and be inspired, as well as this section, we’ll show you innovate, the question is:
of podcasts, websites and to write, draw, propose. Go concrete tools to move from which one do I choose? Two
resources you *really* have to physical (prefer paper over knowledge to action. questions will help you find
have in your pocket. digital), big (prefer big over the initiatives with the best fit
small walls), comfy (happy discover the tools for your company.
minds work better than you can use
have your
knowledge shower stressed ones). go to the Innovation
Matrix
build your
innovation Batcave
A - Stay updated.
Innovation is speeding up - no prob-
lem, here are some suggestions to
keep the pace. You’ll find a selection of
podcasts, websites and resources you
*really* have to have in your pocket. 06
12 podcasts to add to
your listening list
Someone with this face once said The Verge New York Times bits
On Startups Technology Review by MIT
that you should spend 55 minutes Producthunt Fubiz
defining the problem and 5 minutes to SmartPlanet Venturebeat
Innovation Excellence Mine That Data
solve it. Trust him or not, we listed our Innovation Management Idea Couture
55 favorite websites to spend those 55 Top Trends Now and Next Design Taxi
Futurewire Uncommon Business 010
minutes on. Growthhackers Niche Geek
Hacker News Iterative Path
Future Feeder Business Model Innovation
QZ.com Bothsides of the Table Logic Emotion
Quibb Prote.in Business Insider: Chart of the day
Springwise.com Aulive.com Crowdsourcing.org
Fast Codesign Tech.eu Reddit Startups
Inc.com The Nordic Web Complete Innovator
Gigaom Arctic Startup Future Foundation
Trak.in Betakit.com Think with Google
Tech Cocktail Startup Stash 30 blogs for business ideas
Coolbusinessideas Stratechery DigitalTrends.com
one click to
save them all
Business Opportunities.biz Harvard Business Review Angel List
Tech In Asia Japan Trends Oresund Startups
Reading time
100+ SOURCES THAT +50 BUSINESS & REVENUE DESIGN THINKING BOOKS &
EVERY INNOVATION MODEL EXAMPLES ARTICLES TO INSPIRE
PROFESSIONAL SHOULD
KNOW
B - Set up an inspiring space.
Create a space that nurtures imagination and
creativity. Give opportunities to read and be
inspired, as well as to write, draw, propose. Go
physical (prefer paper over digital), big (prefer
big over small walls) and comfy (happy minds 014
LIKE A PRO
Posters are a simple, easy tweak that helps to change
the setting from a corporate office to a new and
innovative environment, where a different mindset has
to be acquired to make innovation happen.
Set up an
Innovation Toilet
We are serious on this one. Everyone already expects you to Extinction Timeline 1950-2050.
talk about innovation strategy during your meetings. No one Woohoo! No more national currencies
will expect to find that strategy hanging on a wall inside the
and bank notes in 2040. Discover this
toilet. Bring innovation culture where no one expects it to be,
and you’ll make it 10 times more visible. and more provocative trends that soon
download it now
won’t be so provocative anymore.
Anyway, regardless of this high-end goal, it really is nice to
have something to read during our daily toilet routines.
C - Discover our
innovation formats.
So, now you know everything about innovation.
Let’s make innovation happen! In this section,
we’ll show you concrete tools to move from
018
knowledge to action.
What are the tools in your hands to
make innovation happen?
Over the past years, Board of Multiple times, we’ve been asked by
innovation managers questions like ‘What
Innovation has supported many is the best innovation initiative for our
large organizations in designing organization?’ or ‘How do others do this?’. 019
TYPE OF INNOVATION
Ideal format to explore radical/adjacent
innovations
BENEFITS
+ Ideal space to generate growth with
external capabilities
+ Bring in external assets
CHALLENGES
- Startup scouting is a time-consuming &
difficult activity
- M&A is by default a risky activity
TYPE OF INNOVATION
Ideal format to grow adjacent/radical
innovations.
021
WHAT’S NEXT
Often these business activities become a
new business unit of the organization.
BENEFITS
+ Continuing freedom for projects
+ Both transformational & business
growth potential
CHALLENGES
- EBAs carry a lot of uncertainty.
Continuing belief and support of the
executive level is essential
3 Center of Excellence A center of excellence
is a formal group in the
organization, that coordinates
innovation initiatives, to ensure
that innovation is structurally
embedded in the organization.
TYPE OF INNOVATION
Ideal format to embed incremental/
adjacent innovations
WHAT’S NEXT
A center of excellence could get formal 022
presence in the executive level of the
organization. (e.g. CIO,..)
BENEFITS
+ Clear go-to point for innovation
+ Focused innovation efforts
+ Long-term innovation planning
CHALLENGES
- If not given enough resources &
freedom, the impact of an innovation
council might be limited
TYPE OF INNOVATION
Ideal format to explore radical
innovations.
WHAT’S NEXT
It should transform into a startup
investment fund to sustain external 023
collaborations.
BENEFITS
+ Good way to experiment with radical
innovations
+ Good way to explore startup
collaborations before investment
CHALLENGES
- Difficult to connect activities with core
business
TYPE OF INNOVATION
Ideal format to grow adjacent
innovations.
BENEFITS
+ Foster internal knowledge while
exploring new opportunities
CHALLENGES
- Difficulty to select the right
intrapreneurial people
WHAT’S NEXT
It should transform into a center of
excellence or innovation council to 025
structurally embed & roll out knowledge.
BENEFITS
+ Higher chance of organizational
acceptance
+ Good use of internal resources
+ Growth of internal capabilities
CHALLENGES
- Slower speed
- Difficult to grow radical ideas
026
TYPE OF INNOVATION
Ideal format to explore adjacent/radical
innovations.
WHAT’S NEXT
It could transform into a startup
incubator to create ongoing external 027
collaborations.
BENEFITS
+ Brings in external knowledge to solve
internal challenges
+ First step to apply open innovation in
an organization
CHALLENGES
- Uncertain quality of ideas.
- High PR-effort needed.
TYPE OF INNOVATION
Ideal format to grow adjacent/radical 028
innovations.
WHAT’S NEXT
It could transform into an internal
accelerator to give projects space to
grow before entering the organization.
BENEFITS
+ Rapid development of ideas
the complete guide to Design Sprints + Rapid external validation
+ Focus on specific projects
our webinar on Design Sprints
CHALLENGES
TYPE OF INNOVATION
Ideal format to embed incremental/
adjacent innovations
WHAT’S NEXT
It could transform into a community 029
of practice to continue knowledge
sharing through an informal group of
ambassadors.
BENEFITS
+ Good use of internal knowledge and
assets
+ Good way to spark an internal
innovation culture
CHALLENGES
- Slower speed of results and difficult to
grow radical ideas
Emerging
Innovation Design Innovation External Internal Community Startup Center of
Business
Challenge Sprint Workshop Incubator Accelerator of Practice Fund Excellence
Areas
032
Emerging
Innovation External Startup Design Internal Innovation Community Center of
Business
Challenge Incubator Fund Sprint Accelerator Workshop of Practice Excellence
Areas
034
Emerging
Startup Center of
Business
Fund Excellence
Areas
Wait: why keeping things
high
in a line when you can
turn them into a Matrix? 035
Here’s the Innovation External Internal Community
Incubator Accelerator of Practice
medium
Matrix, a framework
to help you navigate in
the ocean of innovation
INTEGRATION
initiatives. Innovation Design Innovation
Challenge Sprint Workshop
none
BOARDOFINNOVATION.COM
Do you want to
attract new talents in
your company? CAPABILITIES
external mixed internal
Emerging
Startup Center of
Business
Fund Excellence
Areas
Corporations are increasingly
high
relying on external capabilities
to make innovation happen. External Internal Community
036
medium
thousands of ambitious, talented
experts out there who are trying
to solve, with their startups,
INTEGRATION
Innovation Design Innovation
the same problem that you’re Challenge Sprint Workshop
tackling. Good to invite them over Perfect
none
Helpful
for a beer? Wrong way
BOARDOFINNOVATION.COM
Do you want to
start promoting
intrapreneurship? CAPABILITIES
external mixed internal
Emerging
Startup Center of
Business
Fund Excellence
Areas
high
Innovation cannot rely only
on external capabilities. First, 037
innovation has to be part of the External Internal Community
Incubator Accelerator of Practice
medium
strategic agenda. And secondly,
not only the top management,
but the whole organization
INTEGRATION
benefits from an innovation- Innovation Design Innovation
driven culture. Challenge Sprint Workshop
Perfect
none
Helpful
Wrong way
BOARDOFINNOVATION.COM
Do you have one
single issue to tackle?
CAPABILITIES
external mixed internal
Emerging
Startup Center of
Business
Fund Excellence
Areas
One-off programs are short, sweet
high
and cheap. In a matter of few
hours or days you are able to give 038
your employees a flavor of what External Internal Community
Incubator Accelerator of Practice
medium
innovation is. Be aware: these
programs tackle one single problem,
deliver one single message, train
INTEGRATION
employees over a specific array of Innovation Design Innovation
skills. Better to be specific in the Challenge Sprint Workshop
Perfect
none
problem statement, or you’ll get lost Helpful
Wrong way
in irrelevance. BOARDOFINNOVATION.COM
This guide was
brought to you by:
Giorgio Orsucci
Innovation Researcher
giorgio.orsucci@boardofinnovation.com
That’s only the
beginning