The School of Innovation

Tactical advice and tough love from world-class founders, entrepreneurs, and innovators to help you launch and grow your startup.

Finding Success with Startup-Corporate Experiments

Join Yaniv for a conversation with Jenny Wu and Roland Osborne from 500 Startups about how to run successful experiments with startups. 500 Startups believes that following a crisis like that of 2020, doubling down on innovation through startup collaboration is more important than ever. However, these initiatives must be structured and executed with expert care and diligence to minimize waste and for corporates to maintain their reputation in the startup ecosystem. 500 Startups has recently published a report titled "Startup-Corporate Experiments: Finding Success with Proof-of-Concepts." In this report, 500 set out to interview a selection of twelve prominent innovation practitioners from a range of industries to see how internal stewards of innovation are trying to make it happen and what best practices they might share with their peers. In this episode, Yaniv, Jenny and Roland discuss the report. Jenny and Roland give us a primer on running POCs (or Proof-of-Concept), reveal surprising insights gleaned from their corporate clients, and share a few challenges and ways to overcome them. It's an episode full of practical and tactical information for any company thinking about or already running POCs with startups. Download the full report here. About Jenny Wu, Director, Global Corporate Growth Jenny leads program design and delivery for 500’s corporate partners looking to engage with startups around the world. Previously, Jenny led engagements at innovation consultancy Fahrenheit 212, where she created products, services, and experiences from concept to pilot. She has also worked with a number of Fortune 500 companies to establish new innovation functions such as labs and outposts. Jenny began her career in PwC’s strategy practice and holds a B.S. in finance and management from NYU Stern. Roland Osborne, Practice Director and Entrepreneur in Residence Roland has served as expert Program Manager for lead pilot, PoC and mobility, including an sponsored accelerator track for General Motors and the Visa Accelerator. Roland is experienced in sourcing seed-stage startups in topics ranging from autonomous fleets and battery tech to sensors. Roland is a 3 time entrepreneur, previously having co-founded Olark Live Chat serving over 10,,000 businesses worldwide where he was VP of product. 500 Startups 500 Startups is one of the most active global early stage venture capital firms. Since our inception in 2010, we have invested in over 2,500 companies across 78 countries, but we aim to extend our global footprint beyond investing. Through our partnerships with corporates, investors, governments and foundations, we are committed to building interconnected startup ecosystems across the world. We have engaged with more than 100 corporates to help them transform their business or identify new sources of growth. We support companies looking to accelerate their growth through external startup partnerships or internal venture acceleration.

05-10
58:21

Eat, Sleep, Innovate

Join Yaniv and Suzanne for a LIVE interview with Scott Anthony. Scott is a Senior Partner at Innosight, where he helps leaders design new growth strategies, build innovation capabilities, navigate disruptive innovation, and manage strategic transformation. In this episode, we talk about Scott's latest book - Eat, Sleep, Innovate: How to make creativity an everyday habit inside your organization. Scott shares how they've used groundbreaking research in behavioral science to provide a first-of-its-kind playbook for empowering individuals and teams to be their most curious and creative—every single day. He also reveals a collection of BEANs—behavior enablers, artifacts, and nudges—they've collected from workplaces across the globe that will unleash the natural innovator inside everyone. Fun and easy to follow, Eat, Sleep, Innovate is the book you need if you want to make innovation a natural and habitual act within your team or organization. Get the book: https://www.innosight.com/insight/eat-sleep-innovate/ Connect with Scott: https://www.linkedin.com/in/scottdanthony/ Learn about Innosight: https://www.innosight.com/ About Scott Scott Anthony is a Senior Partner at Innosight, where he helps leaders design new growth strategies, build innovation capabilities, navigate disruptive innovation, and manage strategic transformation. Scott has written eight books, including most recently Eat, Sleep, Innovate (2020) and Dual Transformation (2017), which describe how forward-thinking organizations can navigate disruptive change and own the future. Scott is a prolific contributor to Harvard Business Publishing. He is the most published digital author on HBR.org and is Harvard Business Corporate Learning’s most in-demand subject matter expert. He has been based in Singapore since 2010, where he served as a member of the Committee on the Future Economy and a Board member of MediaCorp from 2013-2019. In 2019 he was named one of the world’s 10 most influential management thinkers by Thinkers50, and in 2017 he won the T50 Innovation Award. Scott is a featured speaker on topics of innovation and growth. He has delivered keynote addresses on six continents and has appeared on Good Morning America, Channel News Asia, CNBC, and FOX Business. Scott served on the Board of Directors of Media General (NYSE: MEG) from 2009-2013 and of Mediacorp from 2013-2019, helping guide both companies through strategic transformations. From 2009 to 2015 Scott chaired the investment committee for IDEAS Ventures, an SGD 10 million fund Innosight ran in conjunction with the Singapore government that invested in 10 Singapore-based companies and generated a 16% internal rate of return. Prior to joining Innosight, Scott was a senior researcher with Clayton Christensen, managing a group that worked to further Christensen’s research on innovation. Scott received a BA in economics summa cum laude from Dartmouth College and an MBA with high distinction from Harvard Business School, where he was a Baker Scholar. About Innosight We empower forward-thinking organizations to navigate disruptive change and own the future. Innosight looks at the world differently. We’re in the future business. As the leading expert on disruptive innovation and strategic transformation, we bring a unique set of lenses to growth strategy. We help business leaders develop deep insights into the needs of tomorrow’s customers, align around a shared vision of the future, and then create the organizational momentum to get there. Our approach to innovation consulting is collaborative, and our clients tell us we change the way they think about and see the world, enabling them to do things they could never do before. We build capability, not dependence.

05-03
52:26

2020 year in review...and what happens next?

2020 has been a rollercoaster ride! I look back at what I've learned (from running a podcast to lockdown in general), what were the most popular episodes, and what's going to happen in season 2.

12-31
26:58

A Minimum Viable Experiment

Marcel is an entrepreneur, engineer, architect, and investor. Through his consulting firm 10xBETA, Marcel has helped numerous medical professionals test, develop and commercialize products ranging from electronic stethoscopes to surgical instruments.

12-21
45:44

Accelerating Innovation to Feed the World

My guest this week is Hila Cohen from the United Nations World Food Programme (WFP) where she is the Head of Business Development for its Innovation Accelerator.

12-14
37:00

Innovation at Bayer

My guest this week is Julia Hitzbleck from Bayer. Julia and I talk about an article she co-wrote titled How a 100,000-strong company is relearning how to innovate.

12-07
42:07

Why Corporate-Startup Relationships in Southeast Asia Are Different

Joyce is the Chief Strategy Officer at StartupX, an innovation, venture and startup enabler based in Singapore. She was formerly the Programme Head for BLOCK71 Singapore & Indonesia.

12-01
40:20

Future Skills Toolbox

Tom has worked in roles ranging from astrophysical researcher to Fortune 500 consultant to corporate executive developing hardware/software products & services. He pioneered and practices a unique approach to rapid prototyping and leadership that can jumpstart innovative new ideas and move large organizations at unprecedented speeds. He was head of Product Experience and a founding member of Google X and currently works to accelerate a future where humanity becomes a net positive to nature.

11-23
34:00

Navigating the in-between: Ethnography & Innovation

Natalja Laurey is an anthropologist in business, and ethnographer in design; and an academic in practice. Natalja works as an innovation strategist at Strategiemakers in Amsterdam.

11-16
40:00

Measuring Innovation and How You Can Do It Too

Suzanne Charlotte Vos holds a degree in system engineering and a degree in law. She now drives innovation and transformation at ING in APAC, helping different teams by introducing innovation practices to their day to day work.

11-09
26:34

How This Innovation Coach Helps Her People Find Their Why

Suzanne Charlotte Vos holds a degree in system engineering and a degree in law. She now drives innovation and transformation at ING in APAC, helping different teams by introducing innovation practices to their day to day work.

11-02
23:00

How We Made Digital Transformation More About People

Nevo Hadas is a partner at dydx, a product development, and digital transformation consulting firm. In this role, he works with organizations such as Ericsson, VISA, Vodacom, and Travelex to unlock innovative concepts and develop powerful digital products and services for consumers and businesses in emerging markets.

10-20
26:43

Putting a Price on Innovation

Nevo Hadas is a partner at dydx, a product development, and digital transformation consulting firm. He works with organizations such as Ericsson, VISA, Vodacom, and Travelex to unlock innovative concepts and develop powerful digital products and services for consumers and businesses in emerging markets.

10-12
09:38

The Architecture of Innovation

Daniel Rosenberg is a designer of innovative spaces, products, and tangible technologies that merge our increasingly disconnected digital and physical experiences.

10-05
53:29

Keep the Main Thing the Main Thing

Hello, dear students, and welcome to another lesson in the School of Innovation. I'm your teacher, Yaniv Corem, and this week we are talking about getting the right shit done with objectives and key results. My guest this week is Marius Ursache, a serial entrepreneur, designer, and former doctor. His latest venture is Metabeta, a portfolio management suite for startup accelerators and early-stage investors that streamlines deal flow, tracks company metrics and portfolio performance and increases the engagement of mentors, partners, and alumni. Please welcome Marius Ursache. Marius Ursache expresses relief at not having any exams or homework. Yaniv mentions a quiz for the listeners and discusses an article by Marius called "Keep the Main Thing the Main Thing," which is a guide to implementing OKRs and creating accountable teams. Yaniv is interested in broadening the scope beyond startups, to which Marius agrees. Marius explains that he has been an entrepreneur for over 20 years. He initially graduated from med school and should have been an MD, but the entrepreneurship bug bit him. Starting as a designer, he quickly realized he hated management and wasn't good at it. Over time, he hired managers but found it didn't align with his vision. This led him to explore various management methodologies, such as agile management and traditional project management. Marius emphasizes that management is more of an art than a science, and predicting outcomes in a system involving unpredictable elements like people is difficult. His perspective on good management is about preparing and creating adaptable systems rather than trying to control everything. These experiences have shaped his approach to OKRs (Objectives and Key Results) and have worked well for him and other startups he's helped. Marius highlights that OKRs involve setting objectives at both company and individual levels and then measuring key results. They're essential for aligning the team around a shared vision and breaking down that vision into manageable pieces. He stresses that success isn't just about achieving measurable outcomes but also about team dynamics and morale. Marius shares his journey with OKRs, adapted initially by Intel in the 80s and later popularized by John Doar at Google. OKRs can work for both large companies and small teams. The key is continuous experimentation and adaptation based on internal feedback. Yaniv points out that adaptation is crucial and often overlooked. Marius agrees and notes that every company needs to find its unique flavor of OKRs. He explains that OKRs are not about setting rigid tasks but focusing on outcomes and letting team members define their OKRs. This approach fosters accountability and alignment within the team. Marius also discusses the importance of routines in implementing OKRs. He believes that motivation cannot be imposed; it must come from within. The right tools and routines help embed OKRs into daily practices. His team uses Confluence for documentation and has regular meetings to review and set OKRs, ensuring everyone stays aligned and focused on their priorities. Marius concludes by emphasizing the joy of working with a motivated and engaged team. He believes the right system or methodology is less important than the people you work with and the culture you create together. Yaniv agrees and ends positively, encouraging listeners to read Marius' articles for more insights. Marius shares that his articles, including the one on OKRs and another on the Problem Statement Canvas, are based on real-life experiences. He invites listeners to learn more about Metabeta, which aims to revolutionize startup investments by connecting startups with the best investors, focusing on meaningful impact rather than just connections.

09-29
30:14

My Journey From Venture Architect to Multicultural Innovator

Christine Wang is a multi-cultural innovation expert with 10+ years of experience in corporate innovation, venture building, and running start-ups and innovation centers.

09-21
22:48

How Harvard is Building Successful Ventures in Healthcare and Life Sciences

Dr. Michael Fenn is the Director of Healthcare & Life Sciences at Harvard Innovation Labs. He is tasked with advising and supporting all healthcare and life science ventures with a focus on supporting Harvard founders, which include students, research fellows, faculty & alumni.

09-14
23:28

Corporate Intrapreneurship as an Innovation Strategy

Jan Kennedy is an expert in innovation program design leveraging entrepreneurial talent inside organizations. As CEO at the Academy for Corporate Entrepreneurship (AfCE), he oversees the design and implementations of various programs covering different stages of the innovation b process for many Fortune 500 organizations.

09-07
25:51

Startup Ecosystems in the Holy Land (Part 2/2)

For the past eight years, Oded Barel-Sabag has been devoting his life to developing Jerusalem's startup ecosystem.

08-03
24:53

Startup Ecosystems in the Holy Land (Part 1/2)

For the past eight years, Oded Barel-Sabag has been devoting his life to developing Jerusalem's startup ecosystem.

07-27
19:23

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