In or Out Corporate Innovation

Posted Leave a comment

  Corporate Innovation on life-support. What’s an Innovator to do? It’s no secret, that in today’s internet-speed environment, “innovate or be amazon-ed” is the new mantra. But, according to a PwC report, nearly three-quarters of businesses admit that they are not out-innovating their competitors. Much of Internal Corporate Innovation continues to look more like ‘Theatre Innovation’ than the real deal. The flaws: too siloed, too insular, too slow to adapt, too many sign-offs, too many hurdles; the internal constraints go on and on. When Scott Emmons, Neiman Marcus’ head of innovation left the company (in early 2019), he wrote an op-ed on […]

MassChallenge selects The Innovation Scout – press release

Posted Leave a comment

The Innovation Scout joins Global Network of Startups Providence, RI May 28, 2018 – The Innovation Scout, a company that accelerates corporate innovation and product development using Machine Learning and Big Data announced that it has been invited to participate in the first ever Mass Challenge Rhode Island accelerator program. Selected from nearly 400 promising startups across industries and regions around the world, The Innovation Scout will join the most competitive cohort to date. “We are thrilled to be counted as a MassChallenge high potential startup. Their unrivaled connection to global corporate leaders and connection to an international group of […]

The Innovation Factory

Posted Leave a comment

The Innovation Factory Game Changing Innovation at Scale The Achilles’ heel of Corporate Innovation is the inability to productize enough ideas to create Innovation at Scale. Conventional wisdom says: Innovation is expensive, takes time and cannot be automated. In every aspect, innovation is an art and science that only humans can master. Conventional wisdom is half right. Corporate Innovation is evolving. Take R&D, the traditional base for innovation in existing companies. R&D is under pressure to move from ideas to solutions. A truly magical feat as R&D is populated with people whose job it is to find new ideas, but […]