Transformative Innovation: Today's Capital Drives Tomorrow's Exponential Growth & Profits To Transform The World - Couverture souple

Gulbranson, Christine; Mawson, James

 
9781999369927: Transformative Innovation: Today's Capital Drives Tomorrow's Exponential Growth & Profits To Transform The World

Synopsis

Transformative Innovation—Where Innovation Meets Capital

Understanding how to use innovation to transform your prospects as an individual, start-up, corporation, and society lies at the heart of modern competitiveness. Innovation to transform business, society, and people’s lives not only seems to be speeding up, it’s getting quicker. As ideas build off each other and more capital is invested in these ideas, so the rate of change increases.

There are ways to use professional approaches to capital investing to harness and transform how corporations buy, invest, and partner with third parties as well as build and accelerate internal innovation efforts. A look at the corporations in the Fortune 100 list of top companies by market capitalization found nearly half had left the list by 2020’s ranking compared to 2000’s. Most of those dropping out of the ranking had failed to set up or run a corporate venturing unit as part of their innovation strategies.

But while attention is drawn to the losers in this race for customers and resources, there is much to learn from the victors, too. The incumbents who stayed in the Fortune 100 usually seemed to use the techniques of venture capital to tap into the smart ideas and opportunities being created outside their corporate walls.

Christine Gulbranson and James Mawson have been on the front lines of these changes with investors, top-level start-ups, and research for more than two decades and in this book, they define the secrets to innovation and explain how to:
● decide how to set your aims and strategies
● develop an ecosystem for innovation
● use transformational start-ups
● build a team to achieve the goals
● harness tactical factors

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