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Bo Adams

The Myth Of The Innovation Lab - 0 views

  • "innovation theater."
  • happens when teams in innovation labs use lean startup tools without really understanding how they work. They take the canvases, sticky notes, whiteboards and bean bags, and they start thinking that they are all set for doing innovation. The teams then focus their attention on making cool products, without thinking about the business models that underlie those products.
  • problem of success
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  • causes the most frustration among people who work inside innovation labs. These are hard working diligent people who understand how to apply lean startup methods and tools the right way. They often succeed in creating great products with good business models. However, when they are ready to take these products to scale they face resistance from their parent company.
  • The lesson learned is to not let the creation of an innovation lab lull you to sleep. You are not in a safe space. The parent company does not love you as much as you think it does. There is still a lot of work to do to get buy-in and support from leaders and key stakeholders.
  • idea that the leaders who funded the lab understand its purpose and support innovation
  • opening of the innovation lab itself often represents innovation theater - played out at the leadership level within the company
  • first symptom of this is the lack of a clear innovation strategy
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    HT TJ Edwards
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