Virtuos

"Our current belief is that companies should create a separate division that operates under the protection of senior leadership to explore and exploit a new disruptive model."

Clayton M. Christensen et. al. — HBR — "Disruptive innovation"

Professional Services

You need to have a degree of trust in the innovation leaders. Set some very strong KPIs at a board level, and let the innovation leaders loose to innovate. Innovation normally is about the unknown, so you need to incentivize problem - solving (especially for failures) in your metrics while recognizing positive contributions to revenue, quality and customer satisfaction.

- Head of Innovation Group, Professional Services, Switzerland

Insurance Company Provider

What worked well was we had a statement of work which was written out to clarify the terms of partnership agreement. It described what we brought and what they were bringing to the table so the expectations were pretty clear. It worked very well because each team knew what they were contributing to the project.

- Associate VP of innovation and strategy, financial services company, U.S. insurance productizer

"It's important to get an outreach in academia, in startup and tech communities," says Maersk Drilling chief commercial and innovation officer Morten Kelstrup. "We needed an alternative to the traditional approach, and we needed access to people and organizations that are used to working in different ways.".