Innovation labs are all the rage these days. Most companies have one, are thinking about creating one or have had employees pushing management to start one. There are several innovation labs being launched monthly to great media fanfare. To name a few examples; Paypal launched a fintech innovation lab in Singapore; NCR launched an innovation lab […]
The Fallacy of Planning (Part One) :- You Have NO Business Plan – How Could We Possibly Invest In Your Idea?
Steve Blank likes to joke that the two groups of people that require five year plans are Venture Capitalists and the Soviet Union. I would like to add a third group to that list, large successful companies. In order to get funding within a large corporation for any new idea you have to complete […]