Dan Toma, Innovation Consultant, The Corporate Startup, presented “Innovation Ecosystem.” He said innovation is a company’s life insurance. Innovation is about the ecosystem you build.
“The lean startup mythology has proved its worth in the startup/entrepreneurial contexts around the world but in corporate settings it still has to show results before it can be adopted at scale,” said Toma. “Most of the shortcomings of the mythology in corporate settings has to do with how are the corporations organized and run. Large organizations are not startups and they should not be treated as such. Changes in the corporate structure, KPI system and processes will allow for the shorter innovation cycles and a lower cost of learning.”