The Power of Innovation Labs
Tendayi Viki discusses the importance of connecting an innovation lab within a large company to the main business. An innovation lab focused on business models and value propositions cannot be disconnected from the larger organization, as it needs access to the company's capabilities like customers, brand, marketing, intellectual property, and legal services when seeking to scale ideas or take them to market on a large scale. Without access to these resources, there may be little advantage to operating an innovation lab within a large company rather than starting an independent startup. #Shorts
