How IKEA Defines the Role of its Internal Incubator

How IKEA Defines the Role of its Internal Incubator

Most companies know they need to move as fast as their customers' evolving needs, but IKEA is doing something about it: they've launched innovation lab Space10. Based in Copenhagen, the lab will rotate through a series of specific challenges, starting with "the future of urban living." Visitors will be exposed to a variety of ideas and experiments thanks to a schedule of workshops, design residencies, projects, and more.

IKEA is already seeing results: one project, which used heat from beverages, or computers on a table surface, to create energy for recharging devices, was developed in two weeks—a clear improvement on the standard, year-long timeline. That said, the company is being careful to maintain the Lab's focus:

It’s not a factory that should always produce something. It’s development of a concept, not development of a product. – Göran Nilsson, Manager of Concept Innovation

Takeaway: The objective of a company's incubator (skunkworks, lab, etc.) is to discover new opportunities, but it's up to the rest of the organization to operationalize and commercialize those ventures. Moreover, the test-and-learn mindset and process that the lab develops is usually it's most valuable asset and should be spread to the full enterprise.

Source

Use Square's Decision Making Model to Move Forward as a Team

How ustwo Creates a Culture of Continuous Learning

How ustwo Creates a Culture of Continuous Learning