Webcast: Agile Strategies and Start-up Thinking in Large Companies: How to Make It Actually Work

    By: Mark A Hart, NPDP on Sep 09, 2015

    Large companies are not start-ups and never will be! They are designed and operate differently. To innovate effectively, large companies can’t simply replicate start-up principles. Rather, they must adapt start-up principles in ways that are smart and tailored to their organization.

    During two webcasts, Irene will share a practical, unified framework that any company can apply to build a more efficient, agile and impactful innovation system - and one that works with your structure and specific innovation objectives. Informed by her first-hand experience delivering innovations (both failures and successes) within leading global corporations, Irene will share a foundation to “move the needle” toward the execution success.

    Key Take Aways

    • Recognize why large organizations face challenges when applying Agile and Lean Start-up principles to innovation in adjacent and new spaces and how to overcome them.
    • Appreciate the effect of your company’s definition of “new” on the way in which you should adapt your innovation management system and apply agile strategies.
    • Discover a two-stage approach to make an accurate assessment of capabilities needed for the successful execution of your “new growth” initiatives.
    • Learn the five key principles for the delivery of “outside-the-core” innovation and how to integrate them with your business systems.
    • Apply key concept post-event.

    Part 1 - Avoiding Innovation Execution Pitfalls – will include:

    • How your company’s definition of “new”  affects what capabilities you need
    • Advice on how to avoid execution pitfalls
    • Practical methods to assess  what capabilities need to be installed/adapted/rebuilt
    • Framework that attendees can apply to their efforts


    Part 2 – Building your Efficient and Effective Innovation System – will include:

    • How a system-based approach to innovation can help any company become successful with innovation delivery
    • Generating and scaling ideas effectively
    • Developing capability to deal with uncertainty and manage risk
    • Bridging the credibility gap with stakeholders to sustain investment in high-risk programs when competing for scarce resources
    • Incorporating five success principles into a coherent system that works with your organizational structure and innovation objectives

     

     

    About the Presenter

    Irene SpitsbergIrene Spitsberg is the Managing Director of InnoVentures LLC, a strategic innovation consulting company focused on building capabilities for innovation execution and achieving early stage effectiveness. She is an innovator, global new business development leader, entrepreneur and a thought leader on a mission to help companies of all sizes to achieve success with innovation.  Irene was the key strategist and driver in establishing Innovation Ventures Program at Kennametal and designing its core processes. Irene’s other roles include Director Global R&D Business with Cristal and a number of technology leadership positions with GE Aviation. Her demonstrated successes have ranged from organization building, to technology development and commercialization, to the structuring and managing alliances to achieve strategic goals.

    Irene’s work has been published in the Research-Technology Management journal and she has been a frequent speaker on topics of innovation management. Irene’s recent post on the PDMA website include:

    The Seven Blind Mice, or Why the Execution of Innovation Fails
    Can Large Companies Really Innovate Like Startups?

    Irene holds a Ph.D. in Material Science, is the inventor or co-inventor for over 80 US patents, and is a recipient of NASA’s “Turns Goals into Reality” Award.

    LInkedIn: https://www.linkedin.com/in/irenespitsberg
    Website: InnoVentures

    Live Event

    Part 1 Tuesday, October 6, 2015. 2 PM Eastern (New York)
    Part 2 Tuesday, October 13, 2015. 2 PM Eastern (New York)

    Price: Free

     

    Recordings

    Recordings from these webcasts are available in the "Webcast Recordings" section of the "PDMA Store."

     

    NPDP Certification

    For those with PDMAs New Product Development Professional, NPDP certification, participating in each webcast qualifies for one hour of professional development credits.

     

     

    Bridging Strategy and Execution: How to Build an Efficient Innovation System that Actually Works

    Large companies are not start-ups and never will be! They are designed and operate differently. To innovate in new-to-company space effectively, large companies can’t simply replicate start-up principles. Rather, they must adapt them in ways that are smart and tailored to their organization.
    During two webcasts, Irene will share a practical unified framework that any company can apply to build a more efficient, agile and impactful innovation system - and one that works with your structure and specific innovation objectives. Informed by first-hand experience with delivering innovations (both failures and successes) within leading global corporations, it will give you a foundation to “move the needle” toward the execution success.
    Released: September 9, 2015, 3:15 pm | Updated: October 30, 2015, 11:30 am
    Keywords: PDMA Blog | Webcast


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