Stefano Mizio presented on applying startup strategies within large companies. He discussed how large companies focus on performance and efficiency while startups focus on innovation through experiments. He advocated for an "ambidextrous" approach where companies pursue both exploitation and exploration. Mizio also covered tools like the Business Model Canvas and Customer Development Model to structure innovation initiatives and experiments. The goal is for large firms to embrace a culture of disciplined experimentation like startups.
The Tipping Point is een prachtig boek van Malcolm Gladwell. Het gaat over veranderingen in de Wereld. Mijn interesse ligt in de toepassing in het heden
These are slides from my talk at Founder Institute's opening session in Finland. They don't work well w/o speech. Quick and dirty. Perhaps the most interesting part is the quick-and-dirty opportunity evaluation framework ... or not. Enjoy!
Létat idéal pour innover? Le flow - Vincent Nassar, HES-SO / EPFLRezonance
Présentation de Vincent Nassar (HES-SO / EPFL) lors de la conférence First Rezonance "Manager de l'innovation, un métier?" le 04 octobre 2012 au Centre Patronal de Paudex
The Tipping Point is een prachtig boek van Malcolm Gladwell. Het gaat over veranderingen in de Wereld. Mijn interesse ligt in de toepassing in het heden
These are slides from my talk at Founder Institute's opening session in Finland. They don't work well w/o speech. Quick and dirty. Perhaps the most interesting part is the quick-and-dirty opportunity evaluation framework ... or not. Enjoy!
Létat idéal pour innover? Le flow - Vincent Nassar, HES-SO / EPFLRezonance
Présentation de Vincent Nassar (HES-SO / EPFL) lors de la conférence First Rezonance "Manager de l'innovation, un métier?" le 04 octobre 2012 au Centre Patronal de Paudex
The fittest win in the struggle for survival because they succeed in adapting themselves best to their environment. That's the law of evolution. In the case of present day organizations, the ones that are adaptable have a better shot at making it than the ones that are merely strong or profitable
Opportunity Identification Talk @ Eureka Tech Academy Event (2015-11-19)John Mueller
These are the slides that I used for the opportunity identification (discovery, recognition, creation) talk at the Eureka Tech Academy event on November 19, 2015 at the Prince Sumaya University of Technology (PSUT). The talk was translated into Arabic for the audience, as I spoke in English (except to say hello, and ask one question :-).
The Eureka Tech Academy event was part of the Global Entrepreneurship Week activities happening in Jordan.
Note: I didn't go through all the slides during the talk, and just hit several main points, due to a time limit. So having the slides posted here allows people to see the entire slides for the talk.
Justifying Chinese Local Government's Land Finance RegimeSTLLab
Land finance has been the engine of the booming Chinese economy for the last twenty years and also the root of the decline of economic growth. The nature of land finance is not revenue for local government. The nature of land finance is debts, and now the engine has stalled. Both increasing cost of land requisition and decreasing demand of property has lead land finance to its end. Since land finance is located in the core of Chinese economic growth, unless a replacement of it is identified, the Chinese economy will lose the dynamic growth of the last two decades. The problem is that we have not fully understood the economic functions of the land finance. However, dual economy theory may help us understand more and find a way out.
The fittest win in the struggle for survival because they succeed in adapting themselves best to their environment. That's the law of evolution. In the case of present day organizations, the ones that are adaptable have a better shot at making it than the ones that are merely strong or profitable
Opportunity Identification Talk @ Eureka Tech Academy Event (2015-11-19)John Mueller
These are the slides that I used for the opportunity identification (discovery, recognition, creation) talk at the Eureka Tech Academy event on November 19, 2015 at the Prince Sumaya University of Technology (PSUT). The talk was translated into Arabic for the audience, as I spoke in English (except to say hello, and ask one question :-).
The Eureka Tech Academy event was part of the Global Entrepreneurship Week activities happening in Jordan.
Note: I didn't go through all the slides during the talk, and just hit several main points, due to a time limit. So having the slides posted here allows people to see the entire slides for the talk.
Justifying Chinese Local Government's Land Finance RegimeSTLLab
Land finance has been the engine of the booming Chinese economy for the last twenty years and also the root of the decline of economic growth. The nature of land finance is not revenue for local government. The nature of land finance is debts, and now the engine has stalled. Both increasing cost of land requisition and decreasing demand of property has lead land finance to its end. Since land finance is located in the core of Chinese economic growth, unless a replacement of it is identified, the Chinese economy will lose the dynamic growth of the last two decades. The problem is that we have not fully understood the economic functions of the land finance. However, dual economy theory may help us understand more and find a way out.
The Business Model Canvas is a strategy and innovation tool to visualize, challenge, and invent business models.
It is outlined in the book Business Model Generation http://www.businessmodelgeneration.com
Venture Design Workshop: Business Model CanvasAlex Cowan
These slides support the various workshops I do and my online curriculum in two principal places:
1. Business Model Canvas Tutorial
This is a more fully articulated instructional, complete with templates: bit.ly/nicebmc.
2. Startup Sprints
This is a structured self-service for Venture Design/new venture creation: bit.ly/startupsprints.
Innovits corporate catalyst stefano mizio 21 novembre 2013Stefano Mizio
Large corporations are integrating entrepreneurial behaviours with their existing capabilities. They aren't always Too Big to Innovate. Intrapreneurship and corporate catalyst.
Innovation isn’t the job of R&D or Marketing anymore. Innovation is everyone’s job – but most aren’t trained/experienced in innovation.
Whether you start at "small i" innovation or "BIG I" Innovation - can you really afford NOT to improve your innovation capabilities?
Innovator Interview: Barbara Daniele, General Electricfuturethink
futurethink had the pleasure of interviewing Barbara Daniele, SVP and General Counsel for GE Capital, Americas. A lawyer by training and innovator by experience, Ms. Daniele shares how legal innovation happens, why accountability matters, that recognition is the best reward, and how innovation with no budget at all is absolutely possible.
Collaborative Innovation: The State of EngagementDan Keldsen
The ultimate benefits of Collaborative Innovation are when Collaborative Innovation is applied at a strategic level - but are you using the tactics to make the most of Collaborative Innovation?
Last quarter the Collaborative Innovation Team surveyed over 200 thought leaders in multiple functional roles from large and small organizations distributed worldwide. The results offer some fascinating insights into the ways that collaborative innovation is and isn’t being implemented in businesses today.
With only 15% of respondents stating their organization is "very effective" at Collaborative Innovation, and a mere 35% who believe Collaborative Innovation ranks up with the core capabilities of business such as R&D, Operations, Marketing and more - we’re certainly not all masters of this space just yet.
Call it Collaborative Innovation, Enterprise 2.0, Open Innovation, Innovation Management, Hyper-Social Innovation or Social Business... are you doing it? Doing it well? Find out what we've uncovered in this sneak preview of the upcoming ebook on our research results from late 2011 to early 2012.
Gec workshop corporate entrepreneurship march 2015 stefano mizioStefano Mizio
Established firms and Startups: the corporate entrepreneur’role. - Global Entrepreneurship Congress Milan 2015.
Startups, whether inside or outside corporation, require different set of management approaches than a mature business. How can managers apply new practices, emerging from the statup world, inside established companies for managing innovation projects leveraging internal capabilities? What are the main obstacles? How to overcome the corporate immune system? What are the main enablers to foster an innovation initiative? How are their companies’ environments hospitable to the work of corporate entrepreneurs? The panelists discussed real cases of how corporate entrepreneurs are able to connect people, resources, ideas and act as startupper.
What large companies can learn from the working culture and methodos of startups
The linear career path is long gone. Organizations need managers and executives with a high degree of diversity and curiousity to navigate through uncertainty. People who were exposed to a startup or involved in intrapreneurship experience
Workshop innovits i tutor imprenditori ottobre 2014 stefano mizioStefano Mizio
Contenuti del workshop Innovits dedicato agli startupper e agli itutor della 5 call4ideas.
Lean startup , customer development, business model canvas, value proposition canvas, value curve.
Oggi le grandi aziende possano innovare – oltre a gestire le operations e i mercati esistenti – sfruttando asset difficili da replicare da parte di startups. L'innovazione dei modelli di business:alcuni esempi ed una riflessione sul mondo dell'editoria
Effetti della politica energetica cinese sulla domanda interna di energie ri...Stefano Mizio
Un’economia in forte crescita come quella Cinese ed il bisogno di energia che l’ha accompagnata negli ultimi decenni si sposa oggi con una radicata convinzione che la ricerca di fonti di energie rinnovabili possa essere la ricetta per una crescita sostenibile. Questo lavoro si propone di studiare gli effetti sul settore delle energie rinnovabili in Cina, dei massicci piani d’investimento pubblici e degli sforzi di regolamentazione normativa degli ultimi anni.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
Introduction to AI for Nonprofits with Tapp NetworkTechSoup
Dive into the world of AI! Experts Jon Hill and Tareq Monaur will guide you through AI's role in enhancing nonprofit websites and basic marketing strategies, making it easy to understand and apply.
Biological screening of herbal drugs: Introduction and Need for
Phyto-Pharmacological Screening, New Strategies for evaluating
Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
for Anti-inflammatory, Antiulcer, Anticancer, Wound healing, Antidiabetic, Hepatoprotective, Cardio protective, Diuretics and
Antifertility, Toxicity studies as per OECD guidelines
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
Digital Tools and AI for Teaching Learning and Research
Inno vits workshop business model canvas and disciplined experiments 19 feb 2013 stefano mizio
1. InnoVits Workshop
Business Model Canvas and Disciplined Experimentation.
Some thoughts on why Big companies are starting to apply start up
strategies and tools
19 Feb 2013
Stefano Mizio
2. Who am I? Stefano Mizio
• Co-Founder of startup (LBS)
• Spent a period in Silicon Valley as Technology
scout (exploration)
• 15 years in Vodafone Italy (4 years as Head of
Mobile Internet technology – nimble/agile - group).
• A famous startup Omnitel: since 1995 Head of
technology departments.
• MBA Thesis on Organizational Design (Innovation
inside established organization/Ambidexerity
framework)
Stefano Mizio
3. Agenda for today
• Large companies&startups cultures
– Performance Engine vs Innovation initiatives
• Run disciplined Experiments
• Business Model Canvas and more
Stefano Mizio
4. Performance Engine
Performance engine strives to make every task, every process as repeatable and
predictable as possible .
Innovation is neither repeatable nor predictable; it’s exactly the opposite:
nonroutine and uncertain
V. Govindarajan –C. Trimble – The other side of innovation Stefano Mizio
5. Ambidexterity
how organizations survive in the face of change?
Exploitation is about efficiency, increasing productivity, control, certainty.
Exploration is about search, discovery, autonomy, innovation and
embracing variation.
Ambidexterity is about doing both
M.Tushman – C. A. O’Reilly III– Ambidextrous organizations Stefano Mizio
6. Exploration and…
The raison d’etre for the
ambidextrous form as
opposed to a spin out is
to allow an organization
to experiment and to
leverage organizational
assets and capabilities
that would not be
available if the business
were operating
indipendently.
Stefano Mizio
7. A new trend…
Large companies are
embrancing open
innovation and less
hierarchical
management and are
integrating
entrepreneurial
behaviors with their
exisisting capabilities
Scott D. Anthony – The new corporate garage
Stefano Mizio
8. Modern Day (management)
Neologisms
CORPORATE ENTREPRENURSHIP
ENTREPRENEURIAL ORIENTATION
INTRAPRENEURSHIP
LEAN ENTERPRISE
INTERNAL CORPORATE VENTURING
Stefano Mizio
9. Intrapreneurship/Corporate
Entrepreneuship
Intrapreneurship can be defined as
using entrepreneurial skills without
taking on the risks or accountability
associated with starting your own
business. Instead, intrapreneurs are
employees in larger organizations,
who act as entrepreneurs while
having the resources and
capabilities of the larger firm to
draw upon
Corporate Entrepreneurship: is the
process by which individuals inside
organizations pursue opportunities
without regard to the resources they
currently control (Stevenson)
Stefano Mizio
10. Big companies are starting to
apply start up strategies
Four Eras of Innovation
• Lone Inventors (Edison, Wright brothers)
• Corporate Labs (DuPont,, P&G)
• VC-backed Start-ups
• Corporate Catalysts
Scott D. Anthony – The new corporate garage Stefano Mizio
11. Run disciplined exp.
Companies need to
be learning-
focused and failure
tolerant.
Building a culture
of
experimentation
Or better … disciplined experimentation
Innovations as experiments
Stefano Mizio
12. Run Disciplined Experiment
Learning :
the process
of turning
speculative
predictions
into reliable
predictions
V. Govindarajan –C. Trimble – The other side of innovation
Stefano Mizio
13. Innovation initiatives are deliberate
departures from the past
Ongoing operation (90%
data, 10% unknowns):
central focus is to execute
the plan.
Innovation initiative (10%
data, 90% unknown): the
plan is a hypothesis.
Shifting attention from
data to assumptions
Stefano Mizio
14. key activities value customer
proposition relationships
key customer
partners segments
Product/Market fit
cost revenue
structure key streams
resources channels
Business Model Canvas 14
Stefano Mizio
images by JAM
16. Customer Development Model or
How we search for the business Model
Search Execution
Pivot
Learning and Discovering
Design experiments, start listening
“…finding the right customers and market is unpredictable, and we will
screw it up several times before we get it right.” S. Blank
testing your hypotheses outside the building
Steve Blank – Customer Development Manifesto
Stefano Mizio
17. Discovery
• How big is the market?
• Who’s the customer?
– What’s their problem/need
• What’s the product/service/need?
– Does it solve the customers
problem?
• How do you create demand?
• How do you deliver the product?
• How do you make money?
Steve Blank – Customer Development Manifesto
Stefano Mizio
18. Pivoting
“Pivoting” is when you
change a fundamental
part of the business
model.
A structured course
correction designed to
test a new fundamental
hypothesis about the
product, strategy and
engine of growth. E. Ries
Eric Ries – The Lean Startup
Stefano Mizio
19. An example: Canvas Updated
•Technology
Design
•Marketing •Demo, demo,
•Mid/Large
•Demo and and demo!!
Organic Farmers
customer •Proximity is
•Cost •Agricultural
•Research Labs feedback paramount
Reduction corporations
•Equipment
•Remove labor •Weeding Service
Manufacturers
force pains Providers
•Distribution
Network
•Service •IP – Patents •Mid/Large
Providers •Robust •Direct Service Conventional
Technology •Indirect Service Farmers
• … then Dealers
•Direct Service with
equipment rental
Value-Driven •($1,500/d; 120d/yr )
•Low density: $1,500/d
•High density: $6,000/d
S. Blank – New Rules for the new bubble Stefano Mizio
20. So…
• If you are an MBA student and you like
startup culture/openness/ innovation
attitude a growing number of
“incumbents” are going to hire
intrapreneurs (I’m not sure in Italy but the
world is your battlefield ).
• If you are a startupper: several
methodologies are in place to help your
job so, pivot and persevere and… Good
Luck!
Stefano Mizio