Thoughts & Insights

Top 5 Missteps of Innovation Labs

Top 5 Missteps of Innovation Labs

A successful corporate innovation lab, incubator, or accelerator depends upon three things: people, people, and people. That’s what I learned by speaking with the heads of innovation labs at 12 Fortune 500 corporations over the course of eight weeks. These market...

The Design Brief: a North Star for Any Project

The Design Brief: a North Star for Any Project

It’s easy to lose track of the big vision when you’re in the weeds of a project. That’s why it is important to have a Design Brief so it can help ground you and your team as the opportunity you’re tackling gets more wicked. Simply put, your Design Brief is a charter, the North Star, for your project.

How to Manage and Reduce Your Innovation Risk

How to Manage and Reduce Your Innovation Risk

In the world of venture capital, understanding and weighing risk is core to assessing any business opportunity. For corporate innovation, assessing risk is just as crucial, if not more: corporate innovation projects, or ventures, need to see success early, and early...

10 Essentials for Starting a Venture

10 Essentials for Starting a Venture

For many of the people we work with who launch new business ventures, our collaboration together is their first trip to Venture Island. “What’s the weather going to be like?” they often ask. After launching PX, our venture studio, it looks like we’ll be taking even...

2020 Insurance Trends: Good Vibrations for Agile Insurers

2020 Insurance Trends: Good Vibrations for Agile Insurers

If you swim in the waters of insurance and financial services, it’s a good time to paddle out and stand up. While the potential blockchain tsunami remains trapped behind legal and regulatory reefs, several good vibrations are creating strong waves to propel you forward. The question for insurers is: How can we get in the best position to ride these new industry dynamics?

The 8 Hidden Venture-Killers

The 8 Hidden Venture-Killers

Large enterprises struggle at launching fast-growing ventures because they fall victim to hidden venture-killers. Many of these obstacles are the corporate attributes you’re most proud of. Here are the 8 venture-killers, and what to do about them.