Innovation
Corporate venture labs that ship
The difference between labs that launch and labs that decorate annual reports is not budget. It is whether the parent company accepted hard trade-offs up front.
Three signals you are ready
- A named P&L owner for the first venture, not “the group CEO.”
- A kill rule written before the first hire — not after the third pivot.
- Procurement and legal embedded in week two, not parachuted in at launch.
If those are uncomfortable, the lab will still produce decks — they will simply not produce ventures. We prefer to say so in Scoping rather than after your best people have burned eighteen months.