Julia Austin: Is your company really set up to innovate?

When a company launches an innovation program, what they’re trying to say is, “We are a creative organization that wants to foster and support creative stuff.”  But the big question is, are they set up to succeed in making that statement a reality? Six key points on supporting, rather than smothering, the creative sparks at your organization, from Julia Austin, the former vice president of innovation at VMware.

How VMware funds innovation like a venture capitalist

At the cloud and virtualization giant, more than 60 ideas have been presented over the last year-and-a-half, in areas like R&D, customer service, and field sales. A handful have gotten seed funding so far, and one recently moved on to second-stage funding. Employees who participate get a stake in their venture — and also must accept some risk.