🟢 10 Strategic insights for 2025 - 6. Innovation centers are (mostly) done
The innovation lab seemed to be a great idea years ago. Intrapreneurs, infusing new energy in the system with startup-like energy and all that jazz. The most prominent labs are now all closed, mostly silently and without much to show for. The bean bags and pong table are in a closet. What now?
The core insight
The discussion
For the last two decades, Forbes, Bloomberg, the Harvard Business Review, and many other business media have shared a simple truth: large corporations are too slow and risk-averse to produce innovation. The solution? Elegant and efficient: free your innovation spirit by creating an innovation center. An island of creativity and entrepreneurial spirit from where new energy will flow and rejuvenate your tired, old, incumbent business. Suffice it to say it didn't work as planned, and no demonstrable large-scale success stemmed from these initiatives.
Fine. What now?
