Most Companies Don’t Have an Innovation Strategy. Here’s Why.

December 15, 2020
A few years ago, I was involved in a two-day boardroom session at a respected company – let’s call them Acme Corporation. They’d asked for help with their innovation strategy. Read More

How to Avoid "Convenience-Mart" Tech Scouting

October 28, 2020
Every week, we meet a few more companies that are transitioning Technology Scouting from an implicit, under-the-radar activity into a formal, dedicated innovation practice. That’s a smart move – and long overdue for many old-guard corporations. The problem is that too many companies get stuck... Read More

Innovation’s Perception Gap

August 18, 2020
In business culture today, there is still a broad, albeit implicit, belief that innovation is innate. Whether you’re a person or a company, you either have it or you don’t. If Steve Jobs is your CEO, high-flying innovation is inevitable. Otherwise, you’re destined for mediocrity. Read More

Announcing the COVID-19 Research Collaborative

June 01, 2020
Wellspring is pleased to announce the public availability of a free community website devoted to pooling worldwide research and technology efforts in the fight against SARS-CoV-2, also known as the novel coronavirus or COVID-19. Read More

Tech Scouting’s New Normal – and What You Can Do

April 24, 2020
As the effects of COVID-19 continue to ripple through the economy, many tech scouting teams are facing a new and evolving reality. As a wide variety of industries are racing to keep the core business intact, new innovation projects have taken a backseat. We’ve seen many teams re-order their... Read More

Type I vs Type II Innovation Programs

March 30, 2020
In my decade-plus years working with corporate innovation leaders, I’ve seen a variety of frameworks to explain what we mean by “innovation.” The most enduring of these has been McKinsey’s Three Horizons model – although there are plenty of others. These models – powerful though they are – have... Read More

5 Ways to Avoid Innovation Theater

February 03, 2020
Anyone reading the typical startup-world commentary about Innovation Theater might be tempted to make one of two assumptions. First, big companies are clueless about how to innovate. Second, they must be screwing up innovation on purpose – playing a cynical game just to convince outsiders... Read More

Wellspring is ISO Certified. That’s a big deal.

November 15, 2019
As the leading innovation software company, we at Wellspring are committed to keeping up with the latest and leading information security standards. That’s why we are proud to announce our ISO 27001 certification. Read More

Pulse of Innovation: Upgrading an Established Innovation Program

November 11, 2019
Every so often we ask our community to sound off on popular topics in innovation and share their best tips, tricks, and advice in hopes that their answers may inspire others in the field. We’ve gathered these insights by email, over phone calls, at events and roundtables, and catching up with... Read More

“Innovation Ops” had been an oxymoron. Now it’s a best practice.

September 18, 2019
Even just a few years ago, conventional wisdom held that “innovation” and “operations” didn’t belong in the same sentence. Performance targets ruin the creative impulse. Science needs space, time, and freedom to flourish. Innovation can never be bottled into an efficient, machine-like operation. Read More
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