The BIP! project - Boost you Innovation Potential
The BIP! project
Boost your Innovation Potential
CRECIS - Center for Research in Change, Innovation and Strategy
WHAT CORPORATE ENTREPRENEURS BELIEVE
THE BOOSTERS OF BUSINESS INNOVATION
ARE YOU A CORPORATE ENTREPRENEUR?
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TEST YOUR INNOVATION POTENTIAL


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I agree I don't know I disagree
1. Shared strategic vision 1. Shared strategic vision
I know why my business needs to innovate I know why my business needs to innovate tip I strongly agree I don't know I disagree
I know what kind of innovations my business needs to be successful I know what kind of innovations my business needs to be successful tip I strongly agree I don't know I disagree
My direct colleagues/peers share and support my views on the importance of innovation My direct colleagues/peers share and support my views on the importance of innovation tip I strongly agree I don't know I disagree
My organization at large is aware of the importance of innovation My organization at large is aware of the importance of innovation tip I strongly agree I don't know I disagree
2. Entrepreneurial resources 2. Entrepreneurial resources
My colleagues and I are willing to launch innovative projects My colleagues and I are willing to launch innovative projects tip I strongly agree I don't know I disagree
My colleagues and I are able to have an impact on our business My colleagues and I are able to have an impact on our business tip I strongly agree I don't know I disagree
My colleagues are recruited and evaluated as entrepreneurs My colleagues are recruited and evaluated as entrepreneurs tip I strongly agree I don't know I disagree
My organization generally recognizes and supports innovators My organization generally recognizes and supports innovators tip I strongly agree I don't know I disagree
3. Proactive deal flow 3. Proactive deal flow
Our market- and technology-oriented units regularly generate attractive ideas Our market- and technology-oriented units regularly generate attractive ideas tip I strongly agree I don't know I disagree
Managers across our organization regularly generate attractive ideas Managers across our organization regularly generate attractive ideas tip I strongly agree I don't know I disagree
We proactively look for attractive ideas outside our walls We proactively look for attractive ideas outside our walls tip I strongly agree I don't know I disagree
Attractive ideas are systematically followed up by my organization Attractive ideas are systematically followed up by my organization tip I strongly agree I don't know I disagree
4. Balanced portfolio 4. Balanced portfolio
We jointly pursue defensive, growth and breakthrough opportunities We jointly pursue defensive, growth and breakthrough opportunities tip I strongly agree I don't know I disagree
We develop long-term competence platforms We develop long-term competence platforms tip I strongly agree I don't know I disagree
We are able to leverage projects initiated by other organizations We are able to leverage projects initiated by other organizations tip I strongly agree I don't know I disagree
We generally stop or externalize efficiently non-performing projects We generally stop or externalize efficiently non-performing projects tip I strongly agree I don't know I disagree
5. Nimble execution 5. Nimble execution
We involve our clients early in the innovation process We involve our clients early in the innovation process tip I strongly agree I don't know I disagree
We are able to mobilize resources to quickly scale up projects We are able to mobilize resources to quickly scale up projects tip I strongly agree I don't know I disagree
We are able both to control and adjust implementation budget and deadlines We are able both to control and adjust implementation budget and deadlines tip I strongly agree I don't know I disagree
We systematically celebrate success and learn from failure We systematically celebrate success and learn from failure tip I strongly agree I don't know I disagree
Overall achievements Overall achievements
We create significant value through our innovations We create significant value through our innovations tip I strongly agree I don't know I disagree
We attract and retain talent through our innovativeness We attract and retain talent through our innovativeness tip I strongly agree I don't know I disagree
We are recognized as innovative by our key stakeholders We are recognized as innovative by our key stakeholders tip I strongly agree I don't know I disagree
Our company has a positive long-term growth outlook Our company has a positive long-term growth outlook tip I strongly agree I don't know I disagree
 
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Innovation is a means to achieve your objectives, not an end per se

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Whether a given opportunity is attractive depends upon the resources, environment and objectives of the firm who considers it

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Innovation is about engaging others. Even Bill Gates would be nothing alone.

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“The speed of the boss is the speed of the team.” (Lee Iacocca)

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“Management is doing things right; leadership is doing the right things.” (Peter Drucker)

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Innovation is about being able to make new things happen at the right place at the right time

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“Innovation is not about money. It's about the people you have, how you're led, and how much you get it.” (Steve Jobs)

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Most successful entrepreneurs used to work for medium or large companies. Keep them!

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Sourcing innovation opportunities is about balancing push and pull approaches

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The best ideas come from the collision of perspectives from all sides

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The market is always more innovative than any one company

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“Creativity is thinking up new things. Innovation is doing new things.” (Theodore Levitt)

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Innovation is about surviving AND building long-term options

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“The best way to predict the future is to invent it.” (Alan Kay)

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From Apple to Toyota, successful innovators strive on “not invented here” opportunities

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Corporations tend to focus on operating existing assets and miss opportunities to trade or destroy them

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The only way to really understand your clients’ future needs is to work with them

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“Genius is one per cent inspiration, ninety-nine per cent perspiration.” (T. Edison)

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“Prediction is very difficult, especially about the future.” (N. Bohr)

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“Creativity is allowing yourself to make mistakes. Art is knowing which ones to keep. “ (Scott Adams)

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Innovation is a means, not an end

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From Google to Goldman Sachs, the war for talent is won by firms that don’t even have to look for it. It comes to them

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Responsible innovators create shared welfare, not only individual wealth

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"Innovation is not absolutely necessary, but then neither is survival." (Andrew Papageorge)

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