Companies don’t earn a spot on the Fortune 500 list—and keep it—by resting on past accomplishments. Innovation is essential.
That’s why a number of Fortune 500 companies in recent years have opened up innovation labs: those small, brainy research and development centers tasked with developing new products and services—or even an entirely new corporate culture.
These innovation labs are sometimes located far from corporate headquarters, in specific geographic areas noted for their cluster of innovative talent: think Silicon Valley, or the Boston area.
The goal for these "outpost innovation labs", as Industry Analysts call them, is to create innovative products and practices, and then ship them back to corporate headquarters.
But how best to accomplish this goal? How do you make sure the innovation that you’ve worked so hard to create doesn’t get trapped inside the outpost? How do you make sure it successfully travels back to headquarters in a way that it can be fully understood and absorbed, so that it can be implemented or productized?
Now, we’re legally sworn to protect their identities, so we can’t tell you who these companies are, but we can tell you some of the ways they’re using and benefiting from Mezzanine in their innovation labs.
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