The Importance of Innovation Labs and Innovation Accounting
Tendayi discusses different types of innovation labs, including those that host events and bring in speakers to inspire innovation, and others that focus on developing business ideas and launching them. While ideation sessions are useful, if no ideas are implemented it is considered "innovation theater". A successful innovation lab in a large company must focus on implementing ideas by leveraging the organization's resources, rather than just brainstorming, as startups have more freedom but lack the same access. #Shorts
