When a company is looking to innovate, what’s better? Doing a co-creation session or a corporative accelerator? According to Board of Innovation the answer is: “Depends“.

To identify the correct initiative of innovation it’s important to consider the investment that is available and the desired focus (internal or external).

The new version of the “Innovation Matrix” from Board of Innovative split the companies in 4 main archetypes: Hunters, Builders, Explorers and Experimenters. Each one of them with different strategies to address innovation in their organization.

Innovation Matrix

Source: https://www.boardofinnovation.com/tools/innovation-matrix/

Stay tuned for more innovation tools every week, also visit the page https://tooltec.mx/ for more content.