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Tendayi Viki

The Entrepreneurial CFO

Innovation failures should not come as a surprise. Failure is an inevitable part of any entrepreneurial activity. In 2002, the failure of CNN+ made headlines. The streaming service was launched on March 29th. Less than a month later, on April 21st it was discontinued with only 10,000 active users. A similar failure happened

Corporate Innovation Is Harder Than It Looks

Innovation always looks fun from the outside. The image of Steve Jobs launching the iPhone in 2007 or the current success of OpenAI and NVIDIA. People who work at these companies look like they are having a lot of fun. But how much fun are they really having? Morgan Housel’s

The Counterintuitive Way To Win With Innovation

The way that companies win with innovation is counterintuitive. Leaders have to give up the need to win on every investment they make. Instead, they have to make multiple bets and expect to win on only a few of those bets. This is a difficult mindset shift for most corporate

When Should An Innovator Quit Their Job?

There are a number of inspiring success stories when it comes to corporate innovation. A few examples include Frito Lay’s Flamin’ Hot Cheetos, Google’s GMail, 3M’s Post-It Notes and McDonald’s Happy Meal. Despite these successes, being a corporate innovator or intrapreneur is not easy. It can be frustrating trying to

A Better Way To Think About Success With Innovation

In the corporate world, a lot of people feel that they should be putting their best foot forward. No one wants to admit failure. Such a culture is a problem for innovation. Leaders need to redefine what it means to put your best foot forward. In the best-selling book Originals, author

Is Your Innovation Project Condemned To Succeed?

The idea that any project might be condemned to succeed sounds like an oxymoron. But when it comes to innovation, the expectation that any one specific project should succeed can feel like condemnation. This is because the best way for companies to find good innovative ideas is for leaders to