Insights tagged "Corporate innovation"

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  • Denis Oproescu - 24 Feb 2025

    Working with External Vendors: Risk Management and Best Practices

    You just secured the budget to scale your product, and now every decision you make needs to show value. Bringing in external vendors is necessary for speed and expertise, but it comes with risks—misalignment, hidden costs, security concerns, and the possibility that deliverables won’t meet expectations. If things go wrong, you’re the one who has to answer for it. A survey by Deloitte found that 71% of procurement leaders believe that increasing supplier risk is a major challenge facing their organization.
    Featured Corporate innovation
  • Balancing Innovation and Stability in Digital Product Expansion
    Razvan Cozma - 17 Feb 2025

    Balancing Innovation and Stability in Digital Product Expansion

    Innovation drives growth, keeps your product competitive, and helps you adapt to changing market demands. But in a corporate environment, stability is just as crucial—your systems need to stay reliable, secure, and scalable while you introduce new features. The challenge is moving fast without breaking what already works—pushing boundaries while keeping the foundation solid.
    Featured Corporate innovation
  • How to Successfully Develop an MVP in a Corporate Environment
    Razvan Cozma - 20 Jan 2025

    How to Successfully Develop an MVP in a Corporate Environment

    What if you could test bold ideas with minimal risk while staying aligned with corporate priorities? That’s the promise of a well-developed Minimum Viable Product (MVP). In a corporate setting, MVPs aren’t just about speed—they’re about strategic alignment, managing risks, and leveraging the unique strengths of large organizations. Unlike startups, corporations face unique challenges, such as navigating complex infrastructure, satisfying diverse stakeholders, and ensuring compliance. To navigate these challenges and leverage the unique strengths of a corporate setting, it’s essential to approach MVP development with a structured yet flexible mindset.
    Featured Corporate innovation
  • Razvan Cozma - 13 Jan 2025

    Strategies to Secure Internal Buy-In for Corporate Innovation Projects

    Securing internal resources is one of the biggest hurdles for corporate innovation leaders. While having a groundbreaking idea is a critical first step, turning that idea into reality requires more than just enthusiasm—it requires funding, time, and support from within the organization. However, with competing priorities, budget constraints, and departmental silos, convincing decision-makers to allocate resources to your project can feel like an uphill battle.
    Featured Corporate innovation
  • Razvan Cozma - 16 Dec 2024

    How to Build a Business Case for Corporate Innovation

    Innovation isn't just a buzzword—it's the lifeblood of staying competitive in today’s fast-paced market. But as an entrepreneur, you know that having a great idea isn’t enough. The real challenge lies in convincing decision-makers to back it. You need more than passion; you need a rock-solid business case that ties your vision to measurable value for the company.
    Featured Corporate innovation
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