Organisational restructure is a reality of life in a disruptive world, and it’s essential to maintain the morale and performance of the retained workforce
Staff leaving is disruptive for both departing and remaining staff.
InfinityLab gives companies an opportunity to support departing staff; to minimise the impact of reorganisation for remaining staff; and possibly to even gain additional benefits from departing staff’s accumulated knowledge of the organisation.
Seeing colleagues being made redundant impacts on morale and performance. Supporting staff through transition makes a difference.
Many companies demonstrate their support for staff by providing traditional outplacement agency services. These are often less than effective in a amrket where suitable roles simply do not exist.
Innovation is creating new jobs across the world.
InfinityLab helps individuals, transition to the next phase of their career by commercialising innovation. This benefits not only the founders but also those they go on to employ.
The InfinityLab model recognises that finding a new job or career is increasingly challenging, especially for mature workers.
InfinityLab helps ex employees develop new ventures in a supportive environment.
Teams of professionals are formed to commercialise innovation, and gain equity in their new ventures.
A collaborative environment provides access to relevant technology and professional advise.
Traditional accelerators often provide an environment that is alien for ex corporate staff. The startup world is an ambiguous environment and ongoing support and planning is essential for success.
Most accelerator programs are 12 – 16 weeks in duration. at the end of this, teams either secure funding or often flounder. The InfinityLab program provides intensive support for 12 weeks and then continues to provide support for up to 12 months.
InfinityLab seeks to ensure that implementation teams commercialise innovation that is viable and will make a positive difference for society.
The needs, expectations, responsibilities and motivations of the baby boomer generation are usually different to those of the millennial generation. InfinityLab is specifically oriented to meet their requirements and capitalise on their skills and experience
InfinityLab works with specialists in:
- The innovation and startup process
- Technologies and their applications
- Social impact innovation
- The profit for purpose sector.
- An alternative career for transitioning staff
- Exposure to innovation and social impact by volunteering support to innovation implementation teams
- The ability for transitioning and existing staff to continue collaborating on meaningful ventures
- Reassurance for shareholders that opportunities and threats are being evaluated.
The experts supporting InfinityLab teams have a deep understanding of emerging technologies including Internet of Things (IOT), blockchain, AI, data analysis, VR/AR.
These experts help teams develop use cases for technologies.
Supporting InfinityLab teams by volunteering gives your staff the opportunity to provide meaningful volunteering. To actually help by applying their valuable skill.
InfinityLab gives your staff the opportunity to experience the startup “ecosystem”.
The startup environment is portrayed in the media as all fun, and a way to make an instant fortune.
Staff may be tempted by this portrayal to leave your company to undertake the startup journey.
Being exposed to the startup environment enables them to see just how challenging the startup world really is.
The startup journey is fun, but is a tough environment. It’s not for the faint of heart, requiring dedication, self motivation and perseverance.
Volunteering with InfinityLab also gives your staff exposure to diversity and an opportunity to make an impact on society.
This exposure not only helps make a meaningful difference, but helps staff see how skills can be transferable, and applied, in later careers.
Employees in many large organisations are interested in supporting the development of society. The causes staff care about is shown, for example, on LinkedIn.
The figures for one prominent Australian company are shown below.
InfintyLAb gives your company the chance to help your staff apply their skills in addressing and supporting their passion:
InfinityLab offers opportunities for your company to clarify the risks, and opportunities, of disruption without disrupting existing business as usual.
In today’s rapidly world, doing nothing is not an option. Organisations need to be constantly evolving.
InfinityLab enables your company to understand innovation that may contribute to achieving internal efficiencies or complement existing revenue streams, or that may impact on operations or markets.
InfinityLab – Innovation for Shareholders
Headlines shout about disruption, regularly noting how Amazon and other global corporations, or technologies, are going to change the world forever.
Shareholders want to know that companies are focusing on their core business.
They are also paying close attention to the impacts of disruption.
InfinityLab gives an opportunity for shareholders to see that companies are taking potential disruption seriously.
Shareholders are keen to know that companies are exploring and delivering new products or services, implementing transformation can be disruptive for staff, the company and it’s customers.
Engaging with InfinityLab gives shareholders the opportunity to see that staff are being considered in an ethical manner, and that the company is actively engaged in understanding new products, services and markets..
By working with InfinityLab your company can explore options without disrupting business as usual. InfinityLab helps your company prepare for the future, and to understand the risks and opportunities of new products, services and markets.
InfinityLab is addressing social impact by creating opportunities for experienced transitioning staff, and for other groups that, while extremely competent, are finding themselves marginalised by society.
Superfunds are under increasing pressure to adhere to meet the expectations of changing society and support ethical investment.
Where previously, there has been a focus on financial returns, there is a growing awareness of social impact investment.
Although still relatively new in Australia, superannuation funds are exploring options for investing on the “profit for purpose” spectrum.
To discuss how your superannuation fund can support InfinityLab and benefit society, your customers, your staff and your company’s innovation please Contact InfinityLab.