Summary of Innoleaps - The Dark Side of Corporate Venture Building

00:00:00 - 00:40:00

The video discusses the different tensions that can arise in corporate venture building, including the tension between autonomy and control, the tension between emotional investment and meaningful work, and the tension between intrapreneurs and the corporate immune system. It offers advice on how to manage these tensions, and emphasizes the importance of embracing the sprinting marathon of innovation.

• 00:00:00 The video discusses the different tensions that can arise in corporate venture building, including the tension between autonomy and control, the tension between emotional investment and meaningful work, and the tension between intrapreneurs and the corporate immune system. It offers advice on how to manage these tensions, and emphasizes the importance of embracing the sprinting marathon of innovation.
• 00:05:00 This video discusses the challenges of managing one's own psychology, as well as those of the people in one's company. It emphasizes the importance of cultivating relationships, and of being able to pivot when necessary.
• 00:10:00 This video discusses how corporate venture building can be political and high-stakes. The video also discusses how to create a new set of processes that enhances fast learning and experimentation and puts the consumer back in the product development process.
• 00:15:00 Innoleaps discusses the darker side of corporate venture building, namely the fear and stress that can come with the challenge. It argues that communication and empathy are key to managing these emotions effectively.
• 00:20:00 Innoleaps discusses the emotions associated with building a successful corporate venture, specifically fear, uncertainty, and distrust. The talk finishes with a discussion of how to lead in these situations, emphasizing the importance of empathy, openness, and tolerance.
• 00:25:00 The video discusses the different aspects of being successful in venture building, including the need to be tolerant of hate, be alone sometimes, and have a tolerance for emotions. It also suggests that training for these aspects can lead to more successful innovation initiatives and programs.
• 00:30:00 Innoleaps discusses the power of questions and how they can be used to get through difficult times. They share an example of a company that embraces the dark side and stands out, and Kelly has a question about how to use non-violence communication.
• 00:35:00 Innoleaps discusses the emotional complexity of working in a hierarchical organization, and how a leader's ability to handle emotions can impact innovation. Andrea has a question about how to deal with anger towards a superior, and Diana provides advice on how to approach emotional conversations.
• 00:40:00 Innoleaps discusses the dark side of corporate venture building, which can include anger and resentment. The video provides insight into how to deal with these emotions and create a successful journey.