Wellspring Blog

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

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

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

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

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

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

There’s a repeated conversation that happens among corporate leaders, whispered in the halls of conferences and passed among friends like a rite of passage: “Watch out for the corporate antibodies,” goes the refrain. “They’ll kill your innovations faster than anything else.” Read More

Imagine you are the leader of a newly formed External Technologies Sourcing team at a large company in the heavy equipment industry. A product group has come to you, asking for help. They are building a new generation of self-repairing machines. Progress has been made, but the product group lacks... Read More

Imagine going to see your doctor for chest pains, and walking out the same day with a diagnosis for a rare heart condition. That diagnosis would have taken weeks or months (at best) even a few years ago. But in this new scenario, it is now a routine outpatient test performed on-site, accompanied by... Read More

The Economist recently published an article chronicling how Amazon leverages machine learning for competitive advantage. The biggest takeaway: it’s really about running their operations better, not a flashy attempt at inventing the future, even at a company that is nearly everyone’s poster child... Read More