A4 established process, structure around #innovation leads to more success. not just ideas popping up, but how to incubate them.

 

Jacoub Bondre‏‪@jbondre

Rate of change in tech n communication is faster than it has ever been. More risk is needed by larger orgs to stay competitive.

 

Jacoub Bondre‏‪@jbondre

A4: Alot of C-Suites need to stop thinking that because they cannot understand a new technology or process, that it is just a fad. #innochat

 

Jeffrey Phillips ‏‪@ovoinnovation

A4: 1 more. Add a section in each person’s evaluation form that recognizes and measures #innovation #innochat

 

Lindegaard @lindegaard

A4 Figure out what the real challenges are when it comes to innovation and develop a process to deal w this #innochat

 

Gwen_Ishmael‏‪@Gwen_Ishmael

A4 I’d like to see more willingness to exit an #innovation effort rather than hang on too long. #innochat

 

Jeffrey Phillips ‏‪@ovoinnovation

A4: Require that #innovation plans and funds be incorporated in each annual planning cycle #innochat

 

Jose Baldaia ‏‪@Jabaldaia

A3 The CEO of big companies could do internship in startups before buy them #innochat

 

Harvey Briggs‏‪@OBX_Harvey

A3: Most innovative big co’s find ways to fail fast and cheaply. #innochat

 

Matt Recio‏‪@mattbrat1

Interesting if large orgs would/could collaborate w/startups sharing common vision. Does everyone have to compete in all things? #innochat

 

@pamroes Yes! We don’t stop because we fail; we fail because we stop! #innochat

 

Cathryn Hrudicka ‏‪@CreativeSage

A3 It always comes down to encouraging a culture for #innovation – whether in large or small orgs., and in mgmt style. #innochat

 

Hoover’s‏‪@Hoovers

A3: Innovation practice: encourage “test and learn.” Embrace failure as one step closer to success! #innochat

 

Stefan Lindegaard‏‪@lindegaard

Innovation is complex mix of many factors. Now, they are not only internal, but also external w open innovation #innochat

 

Cathryn Hrudicka‏‪@CreativeSage

Whether big or small, need to have shared vision, mission, understanding of #innovation language & process, input on process/ideas #innochat

 

Bussolati‏‪@bussolati

A3 Understanding of how critical innovation is = room for it to happen in myriad ways, from culture to actionable. #innochat

 

Cathryn Hrudicka‏‪@CreativeSage

RT @adhansen: Yes, and across organizational lines. RT @lindegaard: The future of innovation is within communities. #innochat

 

Jeffrey Phillips ‏‪@ovoinnovation

A3: I think “open” #innovation will pair small nimble entrepreneurs with large firms who control marketing and distribution #innochat

 

Alicia Arnold ‏‪@alicarnold

Good reminder. RT @obx_harvey @pamroes Passion doesn’t come from incentives. It comes from doing meaningful work #innochat

 

Gwen_Ishmael‏‪@Gwen_Ishmael

A2 In a startup, you can see the impact you have – huge advantage! In a large co it’s harder to see. #Innochat

 

Stefan Lindegaard‏‪@lindegaard

A4. If you focus on just one thing to change, you do not understand the challenges you face and you lose. #innochat

 

Bussolati ‏‪@bussolati

A2 Startups are desperate – in a good way. #innochat And they can’t imitate themselves (yet), which in an innovt’n killer.

 

Cathryn Hrudicka ‏‪@CreativeSage

Often where they fail: RT @OBX_Harvey: Startups need to have a strategy to move to scale. Patent protection not enough anymore. #innochat

 

Stefan Lindegaard ‏‪@lindegaard

Forget skunkwork. Innovation in big comps must happen in the open to bring lasting change on corp culture #innochat

 

 

Jacoub Bondre ‏‪@jbondre

Agreed, CEOs are expected to show profit, quarter to quarter. when revenues are down, innovation gets axed.@CreativeSage @Hoovers #innochat

 

Hoover’s‏‪@Hoovers

A2: Startups don’t have to serve shareholders, which can be a barrier to innovation. #innochat

 

Jose Baldaia‏‪@Jabaldaia

A3 Startup have the advantage to grow what provides an exceptional talent attraction #innochat

 

Jeffrey Phillips ‏‪@ovoinnovation

A2: Entrepreneurs usually fueled by passion to create or change something. Enterprises want to maintain things #innochat #innovation

 

Stefan Lindegaard‏‪@lindegaard

The future of innovation is within communities. Big and small comps need to make this work to mutual benefit. #innochat

 

Stefan Lindegaard ‏‪@lindegaard

Intrapreneurship can bring more jobs, growth if done right as this can maximize the use of big comp advantages #innochat

 

Stefan Lindegaard‏‪@lindegaard

Big comps can match small comp advantages w intrapreneurship – give options in new cos to passionate ppl #innochat

 

Stefan Lindegaard ‏‪@lindegaard

Are startups best bet for creating jobs, growth? I don’t think so. Intrapreneurship in big comps more potential #innochat

 

Andrew Marshall‏‪@DrewCM

A2. Startups are focused on one product or service & it’s rapid release & exploitation – nothing sharpens the mind like no cash #innochat

 

Jeffrey Phillips‏‪@ovoinnovation

A2: VCs will tell you they fund the team, not the idea. Small, committed teams are always #innovation winners #innochat

 

Harvey Briggs‏‪@OBX_Harvey

A2: Startups are usually idea first, money second. Big companies are often the other way around. #innochat

 

Raj Datta ‏‪@rdatta

Startups don’t take months to make decisions – they get into post-decision action mode much more readily #innochat

 

Stefan Lindegaard‏‪@lindegaard

Q2. Biggest advantage for startups is that they can attract the best talent. People is everything. #innochat

 

Andreea Hirica Popa‏‪@AndreeaHirica

A1. Large cos have both the momentum advantage AND the diverging, multilayered complex conflicting interests challenge #innochat

 

Stefan Lindegaard ‏‪@lindegaard

@creativesage Yes, smaller comps more nimble, but what if they don’t have any impact? #innochat

 

Adam Hansen‏‪@adhansen

A1 – Scale, when applied with focus, can be an amazing thing. It’s the focus that often lacks. #innochat

 

Stefan Lindegaard ‏‪@lindegaard

One of the biggest innovation challenges is the fast pace of change. This goes for big and small cos #innochat

 

Brenda Young‏‪@4byoung

Or a committee! RT @OBX_Harvey: @Gwen_Ishmael The problem is momentum can quickly become inertia. #innochat

 

Stefan Lindegaard ‏‪@lindegaard

Open innovation has few big winners, many small winners, many “losers”. Big companies tend to be the winners. #innochat

 

Marcio Saito‏‪@Marcio_Saito

Ask any small company if they would like to be bigger. There is some wisdom in the answer you will get. #innochat

 

Stefan Lindegaard ‏‪@lindegaard

There’s a difference btw innovation and entrepreneurship. Big comps have strategic options, for small comps it’s do or die #innochat

 

Harvey Briggs‏‪@OBX_Harvey

Challenge for big companies are calcified processes and heavy infrastructure investments that must be monetized. #innochat

 

Hoover’s ‏‪@Hoovers

A1: Big companies have people power–lots of skills, diverse interests. Innovation barrier: knowing people beyond job title. #innochat

 

Brenda Young ‏‪@4byoung

@jbondre It’s the failure to execute well even though they may have advantages in resources–Nokia, Kodak, Motorola come to mind #innochat

 

Thierry de Baillon ‏‪@tdebaillon

Innovation often happens at the edge. There are many more edges in big cos than in small ones. #innochat

 

Harvey Briggs ‏‪@OBX_Harvey

A1: large companies can fail and still succeed. Small companies failure can kill the company. #innochat

 

John W Lewis‏‪@JohnWLewis

A1 Is large cos advantage that if a significant improvement is generated, its impact can be much larger than for small cos. #innochat

 

Hoover’s ‏‪@Hoovers

A1: Larger companies’ innovation advantage = resilience. They can take bigger risks and withstand bigger hits. #innochat

 

Matt Recio ‏‪@mattbrat1

Larger orgs have a bigger playground, can make a bigger impact too. #innochat