Link: https://cisr.mit.edu/publication/MIT_CISRwp464_RepsolScalingAtScale_FonstadMockerSalonen
From MIT CISR
Abstract:
This case study describes how in five years the global multi-energy company Repsol realized 20 percent greater profit—specifically, €800 million in cash flow from operations—by launching 505 digital innovation initiatives and building shared resources that systematically helped over seventy-six percent of the initiatives scale their innovation and realize value from it. Rather than simply empowering initiative teams, Repsol executives designed a holistic approach coordinated across initiatives to scale innovations. This case study describes how they identified and addressed a variety of barriers that would keep initiatives from scaling and realizing value.
Publication date:
Publication type: Working Paper, Case Study
Publication authors:
Nils O. Fonstad
,
Martin Mocker
,
Jukka Salonen
