Innovation Leadership

What Is ‘Innovation Theater’? A Definition, and How to Avoid It

Traditional businesses that want a place in the future must meet the trends and technologies that will define it. But that means making meaningful changes, not just shiny, surface-level ones. Too often these innovation initiatives end up as innovation theater….

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All About Corporate Accelerators – Definition | What Is It? | Explanation

Traditional businesses have a number of options for modernizing operations and keeping up with industry peers, big tech, and scrappy startups. However, corporate accelerators are a common choice. What is a corporate accelerator? It’s a program run by a large…

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What is Corporate Innovation?

Every large enterprise must undergo some degree of evolution to compete with modern monopolies in tech, and ultimately win. At Applico, this is what we think about every day. So how do you form a corporate strategy to address these…

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Don’t Be Like McDonald’s: How Incumbent Enterprises Can Own the Future of Platform Innovation

When it comes to delivery, McDonald’s is not loving it. Today, its businesses are beholden to large delivery platforms that exact a significant take rate from all of their restaurant partners. The platforms have market power, and the restaurants have…

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How Incumbents Win at Platform Innovation: Enterprise Dry Powder

Dry powder is a familiar concept in board rooms, referring to cash or other relatively liquid assets that a business has at ready use. But in the context of platforms and the advantages that large enterprises have in building them,…

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How to Fail Fast | Enterprise Hacks and Examples  

If a traditional enterprise needs any incentive to “go digital,” there’s plenty to learn from what the tech monopolies are doing. Facebook, Google, Amazon, Uber, and other giants have become platform conglomerates, successfully spinning out multiple high-value platforms from the…

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What is a Venture Studio? | Definition and Examples

A venture studio is an organization that creates startups, typically by providing the initial team, strategic direction and capital for the startup to reach product-market fit. Distinct from the venture capital approach, venture studios are closely involved in the day-to-day…

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Management Consulting Firms Don’t Want to Build the Next Amazon

The largest management consulting firms have a dirty little secret: they don’t want their clients to succeed too much. When Fortune 1000 CEOs hire one of the big three consulting firms, they expect consultants’ interests to align with the company’s….

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How Big Banks Agreed to Co-Invest in Zelle

When a new enterprise disrupts an industry, incumbent companies typically look internally for competitive solutions. Often, corporate innovation relies on an internal unit working with consultants on a new project. This strategy can and has worked, but is prone to…

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How To Become a Tech Entrepreneur, Never Learn Code, and Keep Your 401k

Innovation doesn’t always come from the top of the organizational chart. Often, employees who have intimate knowledge of a company’s operations are best equipped to spot opportunities for innovation and change. Unfortunately, not all great ideas filter up to the…

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