Tinkering versus Transformation...

We live in an era of rapid disruption, innovation and opportunity.  With more technology startups being founded than ever before, the opportunity for innovative ideas to create new value for customers and colleagues is vast.  

The cost of tech startups is now a fraction of what it was back in the dot-com boom of 2000; we are seeing an unprecedented level of innovation.  Of course, the challenge with new ventures is that the vast majority of them will fail, their efforts ultimately nothing more than tinkering. A few will succeed on a scale that is unprecedented, the newly badged Unicorns of their sectors - particularly if they manage to create a whole new category or achieve the dream of building platforms.  Bill Gross from IdeaLab has some great insights on what influences success - his experience having been involved in over 200 startups applies equally to internal corporate ventures as much as it does "tech startups".  

Unicorns may be magical but as we all know history is written by winners and there’s never enough Unicorn food to go around.