The talk was shaped by my experiences in R&D where betting on the wrong horse had become concerningly common.
It is about identifying the right target, and about coming to a mutual understanding as to why it is the right target.
Hunting the wrong target or hunting too slowly are both failure points exhausting important resources.
At that point I had spent all of two weeks yahoo-ing the Internet.
In the meantime startups, out of sheer necessity, have gotten much closer to working off such a model.
Also early-stage startups should not engage in multi-year R or D projects. Verify that your go-to-market approach works first before you stretch out.
The result is usually cool technology but no market.
When you spend part of your development phase fine-tuning your "Agile" approach, it means you are too slow and unprepared.
If there are clear indicators that a team is going wrong during the hunting phase, it is better to set up a new team to investigate the arising opportunity.
As it is, corporates are already struggling to implement "startup-like" models in their innovation centers and digital labs.