Corporate Innovation Accounting – Use your budget in the most effective way
Wednesday 16 January 2019, 5pm – 7pm @River City Labs
level 3, 315 Brunswick Street, Fortitude Valley
More information & Registration Meetup – Lean Business Strategies or Eventbrite or via Lean Startup Night
Traditional accounting methods are used to measure, monitor and manage innovation. However, it is also considered as a major innovation blocker.
PwC’s study from November 2018 highlights: ‘there is no statistically significant relationship between how much a company spends on its innovation efforts and its sustained financial performance’ (Global Innovation 1000 study)
The job of Innovation Accounting is to change just that, it maximises the bets an organisation can place to create new sustainable business models. It demands meaningful metrics to monitor progress, holds intrapreneurs accountable and gives them the necessary freedom and agility to succeed.
Join us and take your first step to building your Innovation Ledger.
Who is this for?
Corporate Intrapreneurs; Innovation Executives; Startups founders; Change Managers; (Digital) Transformation Managers
What will you take away?
- A new approach to funding projects and portfolios
- A new approach to measuring team performance
- The fundamentals of relating learning to financials
About Elijah Eilert – Lean Startup Coach (currently based in Melbourne/Adelaide)
Elijah grew up in Germany and has worked in various industries across six countries.
His passion for an evidence-based approach to entrepreneurship evolved from the frustration of applying traditional business planning and project management to his first Startup – which he co-founded in China in 2007.
Elijah has worked with large organisations such as Microsoft, research institutes like Fraunhofer and federal government bodies overseas. The vision and scientific approach that Lean Startup and subsequently Lean Innovation contributes to innovation is where his interest and passion lies.
This event is co-hosted with Brisbane Agile Meetup and is supported by BIGJUMP, Lean Startup Coach, Brisbane Agile Meetup, River City Labs, Elabor8, Lean Startup Co. Lean Business Strategies Meetup.