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Two Questions to Ask Before You Set Up an Innovation Unit

Harvard Business Review

Drawing on our findings, we have developed a framework that breaks the Corporate Innovation Unit’s (CIU) role into seven distinct tasks. The central Support Unit is typically a low budget, low staff corporate function in charge of developing guidelines and procedures to govern the innovation funnel (i.e.

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What Big Companies Get Wrong About Innovation Metrics

Harvard Business Review

Two-thirds of our respondents, for instance, said that they were tracking the number of projects in their development pipeline. Stage-gate specific metrics, i.e. projects moving from one. stage to the next. The other type of metric, an “impact” metric, shows that the ship is actually going somewhere.

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How to Fund Indian Start-Ups

Harvard Business Review

India has numerous small retailers and service providers who are shining examples of scrappy entrepreneurship at its best, but the information technology startups that are my primary interest typically require outside funding. India has done well in the last twenty odd years to build its technology industry through services.