Exiting an Innovative Project
Immerse in the discussion of innovating in large organisations and get insights on numerous exit strategies for innovative projects.
About the course
This course discusses the substantial upside potentials of being an innovator in entreprise and explains why innovating in your projects can never really fail. It also provides insight into the potential conflicts between the innovator and the corporate host.
Difficulty: Foundation
Duration: 60mins
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With this online course, you will:
- Understand the role of innovative processes in large organisation
- Learn how innovation can help your career growth
- Learn about the various compensation practices
- Learn how to recognise the best delivery strategies
Skills
Innovation
Business Development
Leadership
Large Organisations
Management
The expert you’ll be learning from
Francois Blanc
Managing Director, Amadeus
Francois Blanc is an ex Telco/Banking exec, Managing Director at Founders Basecamp, and an ILM + WBCA accredited Business Coach. In the corporate world, he’s been responsible for 50M+ EUR business lines PnLs, teams of ~50 FTE, and transformation programs impacting the profitability of 2B+ EUR revenue lines. Specialities in Segmented Consumer Marketing Proposition, Agile Digital Product Development, Digital Marketing, Omnichannel Customer experience, and Data Science (from BI to Machine Learning). Most of that in the Telecom, Media and Banking sectors at companies like Orange and Santander (+ a few years of Managing Consulting for good measure). In the startup world, he has built Aerocom Venture (Inflight WIFI for the 500 million annual European Airlines passengers), Founders Basecamp (Education on Lean startup / idea stage validation), and Wazabot (Edtech for improving the outcomes of foreign language learning). Francois is also an Angel investor/early stage startup advisor in London based accelerator program
Course Content
In this course, we will explore the ways in which innovative projects can impact an innovator’s career and the range of hard and soft skills that can be gained through the journey. We will also examine compensation practices for enterprise innovators and how equity can be obtained. Finally, we will delve into the various exit options available to enterprise innovators and how the success of the project can impact the outcome.
Innovating in large organisations can get you a lot of exposure from within your workplace. In this chapter, you will learn about the effect an innovative project can have on your career, even if the project is not successful. You will understand how an obvious display of initiative can impress particularly senior stakeholders. We will also be investigating the range of hard and soft skills an entreprise innovator can gain over the journey.
In this chapter, we will look into the compensation practices of an innovative project within larges organisations. You will obtain a clearer understanding of the differences between an entrepreneur and an entreprise innovator’s compensation as well as the differences between internally and externally recruited innovators. Finally, you’ll have a look at how you as an innovator can attain equity from your venture.
In this final chapter, we will look into the number of ways in which an enterprise innovator can exit their venture. We’ll compare the exit strategies that are adopted by the intrapreneur themselves, and the strategies adopted by the corporate host. We will investigate how the exit outcomes differ depending on the projects success and explore different outcome scenarios based on this.
In conclusion, innovation in large organisations can have a positive impact on an innovator’s career, even if the project is not successful. Compensation practices and equity options for enterprise innovators differ from those of entrepreneurs, and various exit strategies are available depending on the success of the project. By considering these factors, innovators can make informed decisions about their career paths and the potential outcomes of their ventures.
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FAQ
CFTE’s brand new online learning platform! THINK produces and delivers dozens of bite-sized courses which will allow you to get a good understanding and be constantly updated about everything concerning Fintech!
Disruptive technologies and innovations don’t come on their own. They bring significant transformations and challenges both in terms of culture, people, jobs, environment and governance. Therefore we believe these topics can’t be separated from one another.
The courses offered on THINK have slightly different approaches to the topics. You’ll find evergreen foundational-level courses which will help you get a good understanding without any prior knowledge, but you’ll also find courses that explore the players in the respective ecosystems, courses that explore the regulations of a certain field and even courses that dive deep into specific companies’ way of operating!
THINK is meant for all those professionals who want to be kept up to date with the latest developments in these fields, but don’t necessarily have the time to go through countless articles or newspapers.
Technology is deeply transforming the way financial institutions do business and manage operations. Understanding these shifts will allow you to benefit from them, and not miss out on any potential opportunities for you and your organisation.
Users and customers nowadays are more aware than ever about the environmental and social impact of their choices, as a consequence companies are putting more attention on these topics even at the cost of reduced financial performances.
Digital Assets, Blockchain, Decentralisation and Web3 are still in a very early stage. They may reshape and revolutionise our current business models, therefore we believe it’s worth paying special attention to the innovations they bring to the table.
Understanding how technology works, its potential and its limitations is essential to properly embrace it and leverage it. Even non-technical professionals need to get a comprehensive understanding of these tools, as they will have an increasingly important role in our lives.
