Blog

Why Do Companies Fail to Innovate?

Innovation is an increasingly imperative part of any successful enterprise, but it takes savvy executives to develop a workplace culture built around innovation. Innovation gives companies an edge over their competitors, but lack of innovation in business can cause failure. Research indicates that in the past 21 years, 52% of […]

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What is Continuous Innovation?

As entrepreneurs, business owners, and innovators, we are connected to our customers now more than ever before. Since we live in a fast-paced world that is in constant flux, businesses have to adapt their innovations to remain flexible and relevant. Customers consume, demand, and interact with products—they want to be […]

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How to Build an Innovation Lab

Building a successful business innovation lab balances creative freedom with quality management processes and analytics to generate ideas that improve a business’ future prospects. McKinsey reports that 84% of executives consider innovation an essential part of their future success. 80% believe their business model is at risk without it. And […]

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Can a Single Person Start a Startup?

In the world of startups, there’s a common bias among investors towards teams of founders. While we can’t speak for every investor out there, it seems the common reason for this perspective comes down to skills; two founders bring twice as much experience and perspective to the table. This is […]

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How to Start a Business From Scratch

You’re a curious entrepreneur with an idea. How can you start a business from scratch and turn your invention into an innovation? Innovation is about examining what others have left unexamined. It’s challenging the status quo, noticing trends that others are missing, and uncovering hidden customer desires. There are many […]

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Why Are Venture Studios Popular?

It is estimated by Enhance Ventures that there are now over 550 studios in operation around the world, having grown by 625% since 2013. This growth may come from several factors: Due to the rapid growth of large cloud-based platforms like Google, Amazon and Microsoft, there has been a reduction […]

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