Interview Of The Week

Interview Of The Week: Frank Mattes, Innovation Expert

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Article summary:

Who: Frank Mattes is an innovation advisor to corporates and author of two books on creating new businesses from corporate startups:  Scaling-Up Corporate Startups and  Lean Scaleup: A Proven Fraamework For Building New Business From Innovation, which was published in May. 

Topic: Helping companies to create new businesses and succeed in corporate transformation.

Quote: “One quick litmus test to judge if your company has a business-building problem is to look at the “Return On Innovation.” Typically, it takes three to five years until a new business generates noticeable revenues. So look back three to five years. Which innovation initiatives were on the corporate agenda then? How much money was invested into these initiatives? And how much revenue do they generate today?”

About the author

Jennifer L. Schenker

Jennifer L. Schenker, an award-winning journalist, has been covering the global tech industry from Europe since 1985, working full-time, at various points in her career for the Wall Street Journal Europe, Time Magazine, International Herald Tribune, Red Herring and BusinessWeek. She is currently the editor-in-chief of The Innovator, an English-language global publication about the digital transformation of business. Jennifer was voted one of the 50 most inspiring women in technology in Europe in 2015 and 2016 and was named by Forbes Magazine in 2018 as one of the 30 women leaders disrupting tech in France. She has been a World Economic Forum Tech Pioneers judge for 20 years. She lives in Paris and has dual U.S. and French citizenship.