Integrated Venture Engineering (IVE) is an emerging practice that uses a three-step approach to engineer new business systems. This article explains how IVE can solve the flaws of the Lean Startup approach by designing a business as a whole system instead of starting small and building iteratively.
ISO has established the first global standard for innovation management - ISO 56002, which serves as a guideline and structure provider to enhance innovation management systems in organizations.
The traditional innovation funnel is no longer effective. Instead, the extended innovation funnel is critical to success, with two distinct sides; exploration and exploitation.
