Stefan Lindegaard

How Big Companies Transform, Survive and Prosper: Lessons from GE

In a business world, where everything happens faster, large companies need to become more agile and flexible. Some decide to make a few changes; others decide to go all in. GE goes all in. Their FastWorks program is not just about getting better products and...

The 10 Best Companies for Corporate (Digital) Transformation

Companies must become faster, more agile and more willing to experiment on many levels if they want to succeed. For many companies, this requires a corporate transformation rather than just small adjustments. I am doing lots of research on this and here you get an...

Talents and Teamwork for Better Business and Innovation: A Five Functions Example

The business units and innovation teams in large companies and organizations need to improve their capability for listening to their current and potential ecosystems and for responding and adapting to the threats and opportunities that they pick up by doing so. They also need to...

A Major Shift for Corporate Innovation: The Impact of IoT and the Digital Economy

You can no longer have a serious and credible innovation strategy if you do not have a strong understanding of the digital economy and how the “internet of things” (IoT) will impact your company and industry. This is one of my key lessons from a...

Harnessing the Power of Entrepreneurs to Open Innovation

This report – Harnessing the Power of Entrepreneurs to Open Innovation – is a great read if you want insights on how large companies and entrepreneurs can become even better at innovating together. As a starter, I would like to point you to this perspective...

Work Culture Beats Innovation Culture: Inspiration from Google

Not so long ago, I put up some warnings on the approaches we often see on “innovation culture” and how companies and their executives, managers and employees try to build this highly desired “innovation culture”. As you can read in this post, The Perfect Storm:...

Innovation is More Than Products and Technology!

Do you still know of people who equates innovation with R&D, products and technologies? Not you – of course, but someone you know. If so, you should let them check out these facts from Vestas, one of the global leaders within wind energy, on...

Why Social Media Is a Key Element for the LEGO Success

I just read an interesting article in Jyllands-Posten, a Danish daily, on how LEGO requires that every employee who is representing the company through social media take a “social media driving license” – even on the executive level. One of the key reasons for this...

The Perfect Storm: Why Big Companies Get Better at Innovation

I had an interesting discussion recently in which I heard arguments why big companies are not good at innovation and why this will not change in the future, which belongs to the more nimble and adaptive startups. I fully understand why many people do not...

4 Lenses of Innovation: A Great Tool for Creativity and Innovation

I am a big fan of Rowan Gibson and his work on the 4 lenses of innovation. Not so long ago, Rowan published a book on his work and this is something you should definitely check out. Rowan states that if we unpack hundreds of cases...

Innovation Challenges: From Technology Breakthroughs to Focus on Customers

One of the key innovation challenges at many companies, is the transition from being a company that focuses on technology breakthroughs to one that focuses on its customers. As I was researching the program for the Chief Innovation Officer Summit in San Francisco, May 21-22,...

A Promising Future for Government-Driven Innovation

During the 20th century Governments and public agencies such as NASA played a major role in the innovation chain. The Internet itself was born through public programs, just as GPS and many other game-changing technologies. But in recent years, questions arose over the efficiency of...

LinkedIn: How It Can Be Used for Innovation Efforts

The use of social media to promote and market the outcomes of innovation (products and services) is widespread. This is not the focus of this post as I want to focus on how people working with innovation can use social media in their efforts...

An Example of (Slow) Open Innovation in the Healthcare Industry: GSK Consumer Health

I actually like the efforts of GSK Consumer Health when it comes to open innovation. They have a decent portal for this, they use the Want-Find-Get-Manage framework, which works well for many companies and my interactions with some of their people leads me to believe...

Five Things Executives Should Learn about Innovation in 2015

If you want to bring corporate executives up to speed on innovation management as it happens in 2015 you should focus on these elements: • give them a better understanding of what open innovation is and how this impacts an organization • give them a…

True or False: Employees Should not Be Bothered with Innovation?

I got an interesting comment to my recent post on how to train and educate executives on innovation. It went like this: “Innovation requires time and drive to explore new vistas, therefore it is understandable that busy employees can’t be bothered to look into it....

80% of Big Companies Plan to Increase Innovation Budgets in 2015

NineSigma recently asked more than 300 executives in big companies about their innovation programs and plans for 2015. The survey is highly encouraging and it also underscores the rising importance of open innovation. • 87% agreed or strongly agreed that my company has the resources...

Innovation: We Do not Have Time for it!

I just had another interesting meeting with great people today. They work with innovation and R&D and we got to spend a little less than an hour together to discuss some of the challenges that you face on these issues in big companies today. A...

The Future of Business, Industry and Knowledge Clusters

It is not that long ago that everyone working with or concerned about regional growth talked about their cluster and how they could create their own versions of Silicon Valley, High Tech Campus in Eindhoven or even Hollywood. According to Wikipedia, the term business cluster,...

The Business Impact of Open Innovation: Insights from Clorox

Clorox is one of the leading practitioners of open innovation. Not many people really know this, but it becomes obvious, when you interact with Clorox people and listen to their presentations. Navin Kunde, Business Networks Leader at Clorox, recently gave a great presentation at the...

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