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Innovation outposts and the evolution of corporate R&D

Steve Blank, lecturer, Haas School of Business | December 22, 2015

I first met Evangelos Simoudis when he ran IBM’s Business Intelligence Solutions Division and then as CEO of his first startup Customer Analytics. Evangelos has spent the last 15 years as a Venture Capitalist, first at Apax Partners and later at Trident Capital. During the last three years he’s worked with over 100 companies, many … Continue reading »

Hacking a corporate culture: Stories, heroes and rituals in startups and companies

Steve Blank, lecturer, Haas School of Business | September 10, 2015

I’ve spent this year working with corporations and government agencies that are adopting and adapting Lean Methodologies. I’ve summarized my learnings in this blog post, and here, here and here and here and put it together in the presentation here. One of the interesting innovation challenges I’ve encountered centers on a company’s culture. While startups … Continue reading »

Why corporate entrepreneurs are extraordinary – the Rebel Alliance

Steve Blank, lecturer, Haas School of Business | August 26, 2015

I’ve spent this year working with corporations and government agencies that are adopting and adapting Lean Methodologies. The biggest surprise for me was getting schooled on how extremely difficult it is to be an innovator inside a company of executors. —– What Have We Lost? I’ve been working with Richard, a mid-level executive in a … Continue reading »

Getting to ‘Yes’ for Corporate Innovation

Steve Blank, lecturer, Haas School of Business | March 17, 2015

I’ve been working with Roberto, the Chief Innovation Officer of a diversified company I’ll call Sprocket Industries. I hadn’t heard from Roberto in awhile and when we caught up, it was clear his initial optimism had faded. I listened as Roberto listed the obstacles to the new innovation program at Sprocket, “We’ve created innovation teams … Continue reading »

Why Corporate Skunk Works Need to Die

Steve Blank, lecturer, Haas School of Business | November 12, 2014

In the 20th century, corporate skunk works® were used to develop disruptive innovation separate from the rest of the company. They were the hallmark of innovative corporations. By the middle of the 21st century the only companies with skunk works will be the ones that have failed to master continuous innovation. Skunk works will be the signposts of … Continue reading »

Corporate Acquisitions of Startups: Why Do They Fail?

Steve Blank, lecturer, Haas School of Business | April 23, 2014

For decades large companies have gone shopping in Silicon Valley for startups. Lately the pressure of continuous disruption has forced them to step up the pace. More often than not the results of these acquisitions are disappointing. What can companies learn from others’ failed efforts to integrate startups into large companies? The answer – there are two types of integration strategies, … Continue reading »

ESADE Business School Commencement Speech

Steve Blank, lecturer, Haas School of Business | March 31, 2014

President Bieto, Dean Sauquet, members of the faculty, distinguished guests, and ladies and gentlemen….Thank you for the kind introduction. I’m honored to be at a university noted for knowledge, and in a city with 2000 years of history –  home of Gaudí one of the 20th century’s greatest innovators. I’d like to start with a request. … Continue reading »

Why Internal Ventures are Different from External Startups

Steve Blank, lecturer, Haas School of Business | March 26, 2014

Henry Chesbrough is known as the father of Open Innovation and wrote  the book that defined the practice. Henry is the Faculty Director of the  Garwood Center for Corporate Innovation, at U.C. Berkeley in the Haas Business School.  Henry and I teach a corporate innovation class together. His thoughts follow: Thanks to Steve for the opportunity to … Continue reading »

Why Companies are not Startups

Steve Blank, lecturer, Haas School of Business | March 5, 2014

In the last few years we’ve recognized that a startup is not a smaller version of a large company. We’re now learning that companies are not larger versions of startups. There’s been lots written about how companies need to be more innovative, but very little on what stops them from doing so. Companies looking to … Continue reading »

Lean goes better with Coke – the future of corporate innovation

Steve Blank, lecturer, Haas School of Business | November 7, 2013

In 2012 I got together with Alexander Osterwalder, Henry Chesbrough and Andre Marquis to think about the Lean and the future of corporate innovation. We had some radical thoughts how companies were going to have change to remain competitive in the 21st century in a blog post. What we didn’t envision was that one creative corporate VP would take that post and build a … Continue reading »