For the past few weeks I have been exploring some themes around innovation (in the post for why failure is a competitive advantage and the post that talks about how to turn failure into a competitive advantage), and I wanted to continue on that track by highlighting a few examples of companies that have internal incubator or "lab" programs. The goal of all of these programs is to: encourage employees to come up with ideas, give employees the opportunity to pitch their ideas, provide experimental capital to employees, test ideas, and then replicate the successful ones. Many companies are now starting to focus on developing various types of cross-organizational innovation programs, and in some cases, these programs have been going on for years. Here are just a few that I wanted to highlight.
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