Innovation Leader's Scott Kirsner talks with PayPal co-founder and legendary investor-entrepreneur Peter Thiel about the advantages of the startup and the disadvantages that can plague big companies. Thiel discusses how internal politics can tilt decision-making in large companies towards “safe” ideas and away from what is truly disruptive. Listen to the interview and read a summary here.
When should you — and when shouldn’t you — use tools like idea management, design thinking, and lean startup methodology? Rick Smyers, Vice President of the Center for Accelerated Innovation at Fidelity Investments, touched on those questions and many others in a recent webcast for Innovation Leader members. Watch the Webcast here.
Next Call: Deborah Arcoleo, head of the Advanced Innovation Center at Pennsylvania-based The Hershey Company, talks to us about developing an organization-wide innovation capability at the $7 billion chocolate company — and takes your questions — on January 14th. Sign up to participate here.
Check out the new documents in our Resource Center, including a step-by-step look at Gap's innovation "brand" called Mindspark; a fun internal Nike event called "Attack from Left Field"; and a Procter & Gamble paper on innovation challenges and solutions. Go to the Resource Center.
Innovation Leader and Innosight have teamed up to develop the industry's first innovation benchmarking report. The 2015 Innovation Benchmarking Study will be released in Q2 at an event in New York City.