Lean Scaleup

If your company wants to innovate out of the box, you must get the interface between NOW and NEW right. What exactly do you need to do? Co-created with 100+ corporate and academic experts, the book "NOW and NEW" (book page linked in the comments) codifies Best Practices and guides you to making the critical distinctions. Join me and four of the co-creators, Tania Aydenian, Bob Gravestijn, Claus von Riegen and Hitesh Mittal for a free event on Wednesday, 02 October 2024, 1600-1800 CEST (sign-up link in the comments). Agenda: 1600-1700 The books key insights Panel discussion: The key challenges that companies struggle with 1700-1800 Mini workshops: Dealing with key challenges Thank you, Innov8rs.co for organizing this event!

Only 1 of 30 innovation initiatives succeed in creating a new $50m business. Most companies have not yet found an effective approach to win the NOW while at the same time creating NEW. In Frank Mattes’ recent book he proposes how to set up an effective NOW/NEW interface to close the gap. In an upcoming Innov8rs Community Club on October 2nd, Frank will summarize the key concepts and insights from the book in conversation with Tania Aydenian (Roche), Hitesh Mittal (GEA), Bob Gravestijn (ABN AMRO) and Claus von Riegen (SAP). Afterwards, you're invited to go deeper and reflect on individual experiences - what works and what doesn't, when it comes to the NOW/NEW interface. Normally, these sessions are for members of Innov8rs Community only. But this one is open for any corporate innovation professional. RSVP via the link in the comments. #innovationmanagement #corporateinnovation #bookclub #nownew

📚Buchtipp! "Now and New" von Frank Mattes 🔛 Exploit und Explore: Innovation im Gleichgewicht - Wie "Now and New" von Frank Mattes und ISO 56001 das Beste aus zwei Welten vereinen 🧲 Es gibt kein “entweder / oder” - die Kunst in der Innovation (in anderen Bereichen natürlich auch) ist die Fähigkeit, Exploitation und Exploration mit nachhaltiger Struktur zu kombinieren. Das ist entscheidend für den langfristigen Erfolg. Frank Mattes zeigt in seinem neuen Buch "Now and New" eindrucksvoll, wie Unternehmen das Beste aus der Optimierung bestehender Geschäftsmodelle (Exploit - “NOW”) und dem gleichzeitigen Erkunden neuer, disruptiver Innovationen (Explore - “NEW”) herausholen. ⚓ Wenn wir das nun in einem System verankern, das Innovation strukturiert denkt (ISO 56001), wird es rund! Dieser ganzheitliche Ansatz entspricht ganz meiner eigenen Philosophie. 🎉 Gerade wurde die neue ISO 56001 veröffentlicht: das zertifizierbare Innovationsmanagementsystem, das als umfassendes Rahmenwerk Unternehmen hilft, Innovationen strukturiert und effizient zu steuern. Hier ist auch mein Post dazu.: https://lnkd.in/eDAt76sn 👉 Darum finde ich diese Verbindung so wichtig: "Now and New" liefert die Methoden zur Umsetzung – ISO 56001 stellt den Rahmen dafür! Während "Now and New" zeigt, wie Unternehmen erfolgreich zwischen der Fokussierung auf bestehende Märkte und der Erkundung neuer Chancen balancieren können, bietet die ISO 56001 den strukturellen Rahmen, um diese Innovationsaktivitäten auf systematische Weise zu verankern. ISO 56001 schafft klare Prozesse, wie Unternehmen: Ressourcen effizient managen, Risikomanagement betreiben und Innovationsprojekte entlang des gesamten Lebenszyklus steuern können. 🔑 Mit einer starken Innovationskultur und einem gut definierten Innovationsmanagementsystem nach ISO 56001 können Unternehmen die in "Now and New" beschriebenen Ansätze für exploitative und explorative Innovation nachhaltig umsetzen. Die Ausrichtung nach ISO 56001 bietet dabei nicht nur Sicherheit und Effizienz, sondern auch den Nachweis für Kunden und Partner, dass das Unternehmen in der Lage ist, systematisch und erfolgreich zu innovieren. 💡 Fazit: Wenn du wirklich innovativ sein willst, brauchst du eine Mischung aus kreativen Ideen und strukturiertem Vorgehen. Zukunftsfähigkeit sichern, indem sowohl bestehende Märkte optimiert als auch neue, disruptive Wege eingeschlagen werden. 📖 Ein Muss für alle, die Innovation strategisch vorantreiben wollen! #Innovation #ISO56001 #NowAndNew #FrankMattes #Innovationsmanagement #ExploreAndExploit #FutureOfBusiness

Ambidexterity, i.e., separating NOW and NEW is necessary for succeeding in out-of-the-box innovation but not sufficient. I like this very sentence from Frank Mattes' new book "Now and New" since I can confirm this first-hand. Great that Frank shows us exactly how to let the exploit and explore parts work together in the right way to make scaling innovation a success. Innovative has also been the approach Frank has taken to write the book. He allowed more than 100 innovation professionals, including myself, to review, comment and refine the direction and content. A book for practitioners, from practitioners. #innovation #ambidexterity #scale #explore #exploit

Which books should corporate innovators read? "NOW and NEW" - How Companies Can Use Their Capabilities For Scaling Innovation and Generating New Growth" tops the list at TheNTWK | Digital Business Models Thank you, TheNTWK, for compiling this list. A valuable resource for corporate innovators. Corporate out-of-the-box innovation/venture building builds on the premise that companies can leverage their corporate assets to create an "unfair advantage." However, practices and the stats show that most companies struggle to turn the theoretical advantage into a real one. So how can this be achieved? More than 100 other corporate and academic experts and myself think that we have cracked the code. The deeper reason why companies struggle is that they have not yet managed to align the NOW system (process-driven, short-term, risk-averse) with the NEW system (corporate startups and scaleups) which is about agile, systematic reduction of uncertainties and long-term. To solve this system problem, a system solution is needed (and co-created). The book illustrates the solution. With many case studies, checklists and pieces of actionable advice, it helps corporate innovators to create new growth.

🚀 Thrilled to have just received my hard copy of *"Now and New"* by Frank Mattes —a book to which I had the honor of humbly contributing. This is more than just another book on innovation; it's a game-changer for those tired of "Innovation theater" and eager to make real, sustainable progress. *Now and New* dives into how to systematically connect the **NEW** and the **NOW**, showing how to win today while creating the future. This isn't just theory; it's a practical, experience-based guide filled with case studies, checklists, and actionable advice that can be applied across industries. One of the key takeaways: **Balancing short-term wins with long-term innovation**. The book provides strategies to ensure that current successes don't come at the expense of future growth, enabling organizations to thrive both now and in the future. If you're looking to systematically create new growth by leveraging your corporate capabilities, this book offers an end-to-end framework to make it happen. A heartfelt thank you to Frank Mattes and Christina A Mattes for driving this important work and building such a dynamic community around it. 🌟 #Innovation #Growth #CorporateStrategy #Leadership #NewAndNow #BusinessTransformation

A solution to how companies can use their capabilities for scaling innovation and generating new growth has arrived ;-) #leanscaleup #corporateinnovation #growth #leanstartup #newbusinessbuilding

As 29 out of 30 attempts to create a new $50 million business fail, the new book “NOW AND NEW” presents the solution proposed by Frank Mattes, startup mentor and expert in corporate business-building. 🎯 In this book, Frank dedicates a chapter to Amadeus Nexwave, the Amadeus business incubator, co-written with Steve Kopp, head of the Nexwave Incubation Office. Download the chapter to deep dive into Nexwave and how we elevated our approach to business incubation: https://lnkd.in/dACJkTgJ #TravelExperience #Nexwave #BusinessIncubator

29 out of 30 attempts to create a new $50 million business fail... Yet, the World Economic Forum states that 8 out of 10 companies rank growth outside their existing business as a top-five priority. 💪 Frank Mattes' new book, “NOW AND NEW - How Companies Can Use Their Capabilities For Scaling Innovation and Generating New Growth” shows how to systematically win NOW while creating NEW. It is an actionable guide filled with case studies, checklists, and practical advice, showing how companies must build a bridge connecting current operations with future opportunities to drive new growth. 🗣️ About the speaker: Frank Mattes is a thought leader and an expert in out-of-the-box innovation and corporate new-business building. As founder and CEO of Lean Scaleup, Frank advises companies on how they can create new growth by leveraging their capabilities. He is the author of three books on the subject and has been repeatedly named a Global Thought Leader and influencer on Entrepreneurship and Lean Startup by Thinkers360. 🗓️ When: Thursday, July 18th, 4:00 pm CEST 📍 Where: Online 👉 RSVP: https://lnkd.in/dzwrNU2G In this 🎙 #TheNTWKTalks 🎙, we will explore the end-to-end framework and some of the key lessons from the book. We're very honored to be the first to host a webinar on this book since its launch. You don't want to miss it!

What is an effective and efficient way to upgrade my innovation management system? Three things are needed (and it’s not about AI). I imagine that you are a corporate innovation practitioner or the head of a corporate explorative unit. You are aware of the “do more with less” challenge that these challenges bring. You understand that your company’s existing innovation management system struggles to keep up with the challenges. But you also see that this is not the time for a clean-slate approach. Any meaningful solution must be targeted, improve the system, and be implemented “on the fly.” Here’s one thought. Three things need to be in place. 1) A strong reference model for an innovation management system. 2) An approach to find the leverage points for more outcomes and throughput. 3) Improvement actions that are easy to implement and find stakeholder acceptance. Worth a discussion? Please like or comment this post or send me a direct message.