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Lean Intrapreneurs Lean Startup for the Enterprise Brant Cooper Author, The Lean Entrepreneur Partner, Moves the Needle
16

AME Innovation Summit

Aug 20, 2015

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Brant Cooper
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Page 1: AME Innovation Summit

Lean IntrapreneursLean Startup for the Enterprise

Brant CooperAuthor, The Lean Entrepreneur

Partner, Moves the Needle

Page 2: AME Innovation Summit

Myth of the Startup Visionary

Eureka!

$

BuildLaunch

Success!

Page 3: AME Innovation Summit

Myth of Corporate InnovationEureka!

$

BuildLaunch

Dead Pool!

Idea Laundry

List

Exec Team Culls

Bus Unit Mkt

Reearch

ROI Pitch

Dead Pool

Page 4: AME Innovation Summit

What are the Two Questions that Kill Disruptive Innovation?

What’s the ROI?

When will I see it?

Page 5: AME Innovation Summit

The Innovation Continuum

Known UnknownExecute Search$ Learning

Page 6: AME Innovation Summit

“Old School” Innovation

The Lab in the Wilderness• Scientists creating new technology• Separate from core business• Mythical “visionary” selectively invests

Innovation never sees light of day

Page 7: AME Innovation Summit

“New School” Innovation

Turn Business into a Startup• Open floor plan makes room for Scooters• Pizzas, free cola and nerf guns• Innovation as marketing buzzword

Core business adversely affected

Page 8: AME Innovation Summit

Lean Intrapreneur

“Local” experiments Big experimentsCustomer co-creation Customer empathyData informs ROI Data informs new opp

Eliminate Waste Executing Eliminate Waste Learning

Page 9: AME Innovation Summit

Landing Page Test

Page 10: AME Innovation Summit

The Mechanical Turk

Page 11: AME Innovation Summit

Sell it First

Page 12: AME Innovation Summit

Preventing Core Asset Abuse

HR

Poor resource allocation

Abuse of free time

Employees misallocated

Marketing

“Experiments” tarnish brand

Funnel disruption

Legal

Credit card abuse

Non-compliant

T&Cs

Sales

Disrupt current activity

Damage relationship

Support

Phone lines light up

Broken links

Page 13: AME Innovation Summit

(0)Tech

Innovation

(1)Segment Passion

(2)Scalable Business Model

(3) Leverage Core Assets

4 Phases of Startup[Measuring progress]

Page 14: AME Innovation Summit

Intrapreneurship Mindset

• Allocate resources to search• Senior Executives know how to lead search • Teams have the ability to do it• Corporate Support Systems in Place• Culture (HR, employee willing, etc.)

Page 15: AME Innovation Summit

In Spirit of Lean Startup – GO!

• Start small from the bottom up• Make it harmless and fun • Expose to senior executives• Get a few teams doing it (both product and

functional)• Update your Capabilities, Systems & Culture

Answer: Apply lean to your innovation process!

Page 16: AME Innovation Summit

Thank You! Lean Intrapreneurs

Brant CooperMoves the Needle

[email protected]@brantcooper

Slides: