Corporate venture building is a hot topic in innovation, but most ventures fail. Bernd Schmidt and Matthias Kramer at Mantro share three early strategies to build new ventures with a focus on governance: Find, Build, and Grow.
Product innovation involves developing new and improved products. It can lead to business growth, competition advantages, customer loyalty, and talent acquisition.
Organizations need to measure and analyze both success and failure to understand what drives innovation, says Laurence Van Elegem from nexxworks.
