We increasingly see large companies creating an innovation lab or center as a way to cultivate and test new ideas, separate from the demands and pressures of the business units. When set up with clear goals, innovation labs can help to keep the business looking ahead, exploring new tech, defending markets, building skills among employees, and sustaining a company’s competitive advantage.
A good starting place in this section is our research report, “Innovation Labs: Getting Started. Measuring Them. Delivering Results.”
What exactly is an innovation lab? For our report on innovation labs, we talked to more than 20 executives at companies like Walmart, Home Depot, IKEA, and others.
In this Master Class replay, Jay Peters discusses the success factors that drive innovation; examined the keys to creating a “center of excellence”; and highlighted lessons from companies such as Lego, GlaxoSmithKline, and more.
Lululemon’s Chief Science Officer, Tom Waller shares why 2020 created lines out of their store doors and how the retailer keeps customers close when building new products.
At Innovation Leader’s recent online event for nonprofit organizations, Andy Miller of AARP discussed how his team helps build an innovative culture that permeates the organization — and how they’re making new investments in startups.
What can you learn from the creative cultures of Walt Disney Imagineering and Pixar? Leslie Iwerks, a documentary filmmaker, has made films about both organizations. She shares what she observed in this replay of “One Quick Thing.” Iwerks is joined on the show by two unnanounced guests: her father, Don Iwerks, who worked directly with Walt Disney, and a former Disney Imagineer, Josh Wachman.
How does AARP use innovation to empower people as they age? Vice President of Product and Startup Engagement Rick Robinson explains…
How have innovation labs shifted during this period of remote work? What sets labs up for success? Linda Elkins, Chief Technical Officer of W.L. Gore’s Silicon Valley Innovation Center, shares.
Sean Belka discusses how the financial services firm assesses new ideas and scales them when the time is right, along with more best practices for running an innovation lab. Belka is a Managing Director in Fidelity’s Corporate Business Development group.
R&D leaders from General Motors and IBM discuss the mission of the companies’ Silicon Valley outposts, and the importance of tracking first movers in an emerging market.
How can teams set innovation initiatives up for success? To get best practices, we sat down with guests from Marriott, Comcast NBCUniversal, and Innosight.