Pirates In The Navy: How Innovators Lead Transformation

by Tendayi Viki

The real question is, as we work with startups or internal teams to learn about new industries, how are we going to convert those learnings – what we have found out – into long-term revenues for the company? We have to design our labs and accelerators so that they are able to extract insights and create value. Your job as a pirate in the navy is to show your leaders that you are creating value, not just learning.

Making culture change their main goal can distract the innovation lab teams from the real goal of innovation, i.e. creating new business models and revenues for the company.

very few labs are designed to search and find profitable business models for the ideas being generated.