Building An Innovation Hub That Is Innovation


credit:

While innovation hubs, usually created by startups, established company, or a group of companies have risen in popularity, some of them have actually failed.

But the goal is to apply the startup "move fast and fail often" approach to deliver new innovations for the benefit of the company.

Innovation hubs offer a great opportunity to partner and experiment with other companies, without the constraints and distractions of the day-to-day business.

According to Marcella Simons, innovation manager and product owner of DARE, stimulating innovation within ABN AMRO, "The great thing about innovation hubs is that they are vital to foster ideas, collaborate, and learn fast."

It's this failure-friendly that makes learning possible, she adds.

Innovation hubs can help growing companies to scale and accelerate, help solve business goals and problems, and deliver clear innovation strategies. Amidst failure and criticism, some innovation hubs who are successful have produced some of the best innovations that people use today. Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Home-Delivered Food Boxes Reduced Food Insecurity Among Adults, but Not Children

On an episode of On the Evidence, J.B. Wogan, Senior Manager of Strategic Communications, talk about a demonstration using home-delivered boxes packed with fruit, vegetables, and other shelf-stable...more

Warren Buffett's Grandson on the Art of Opportunity Zone Social Impact Investing

Howard W. Buffett, the grandson of legendary investor and billionaire Warren Buffett, is getting into Opportunity Zones. Buffett is launching a software tool that measures an Opportunity Zone...more

Social Entrepreneurs Needed to Address Present-Day Inequities and Gaps in India

Ravi Sreedharan, Founder-Director, and Lopamudra Sanyal, Research Fellow at the Indian School of Development Management (ISDM), tackle the work and innovations by social entrepreneurs that continue...more

The LISC Rural Promise

LISC is launching the LISC Rural Promise, a commitment to elevate the organization's impact in rural America. The Rural Promise will build on 25 years of LISC's investment in and partnership-building...more

Three-Year Initiative Gives Publishers Support to Adopt and Digital Platforms
Foundation: Knight Foundation

The John S. and James L. Knight Foundation recently announced a call of applications for their new initiative to help news organizations find sustainable publishing solutions. Nonprofit newsrooms...more

Leila Janah, Entrepreneur Who Worked to End Global Poverty, Dies at 37

Leila Janah, a social entrepreneur who was founder and CEO of artificial intelligence data company Samasource, has died at 37. Janah passed away due to complications from epithelioid sarcoma, a...more

When You Practice Corporate Social Responsibility, Everyone Benefits

Rixys Alfonso, a spokeswoman giving a greater voice to the Hispanic community, writes how this is the right time to integrate a corporate social responsibility (CSR) strategy in any business climate....more

Moving Beyond Theories of Change: A Framework for Strategic Implementation

A new Arabella Advisors report titled "Moving Beyond Theories of Change: A Framework for Strategic Implementation," builds upon the work of Senior Managing Director Gwen Walden and her 25 years of...more

Reimagining Black Wealth: Asking 400 Year Old Questions

Living Cities staff JaNay Queen Nazaire, Chief Strategy Officer, and Demetric Duckett, Managing Director, write how Living Cities is "not only doubling-down on the use of capital as a driving...more

Remaking the Economy: NPQ comes to the Black Belt and the Delta!

A webinar interview of Dr. Shirley Sherrod, a cofounder of New Communities near Albany, Georgia, home to the nation's first community land trust, discusses the history of New Communities and the...more





Social Innovation News from...


Skoll Foundation
Coca-Cola Foundation
Microsoft



Social Entrepreneurship
Spotlight



Eco Communities Appointed to Run Howbury Community Facility and Slade Green Library


Eco Communities Appointed to Run Howbury Community Facility and Slade Green Library

Social enterprise, Eco Communities, has been appointed to run the Howbury Community Facility and Slade Green Library.




Social Services Jobs

  Substance Abuse Jobs
  Fundraising & Development Jobs
  Substance Abuse Jobs
  Foundation Related Jobs
  Education Jobs



Federal Government Grant and Assistance Programs



Edited by: Michael Saunders

© 2008-2020 Copyright Information Organizers, LLC