Alex Farcet is the co-founder of Startupbootcamp, a global network of industry-focused accelerator with over 1000 startup alumni, and Rainmaking, an innovation and venture building firm. He is French, was born in Spain, grew up in Africa, and lives in Copenhagen.
Partner & Co-Founder
Does corporate innovation need a methodology?
Imagine you’re applying for the role of Senior VP of Innovation at a Fortune 100 corporation. The CEO is hard-charging, under pressure, and keen to hire someone who will deliver results. You have a ton of experience, having held similar positions in other companies, and you’re focused on setting up the right relationship, and expectations, from the get-go in case you get hired.
- Corporate CEO: Hello, would-be-Innovation-SVP, I’m keen to discuss your application for the position of Senior VP of Innovation. So, talk to me about your approach - which innovation methodology will you be applying to our corporation?
- Would-be Innovation SVP: It depends on what you mean by method-ology. If you mean a set of processes to follow within a rigid frame-work then I would argue that’s not the solution.
I would focus on an overall approach - a set of guidelines adapted to a particular context. You’re looking for someone to ‘run innovation’ - I get it - but I wouldn’t focus on a methodology. I would apply a set of lessons learned supported by practical guidelines.
- CEO: Hmmm, okay, that sounds pretty woolly as well…
- Inno SVP: If you hire me, I will focus on three topics: context, diversification, and iteration
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