Want to get bold work like this done?
Lear Innovation Ventures
LEAR INNOVATION VENTURES (LIV)

Evolving Lear’s innovation program to realize greater returns on investment 

How we helped
Lear Innovation Ventures
LEAR INNOVATION VENTURES (LIV)

Evolving Lear’s innovation program to realize greater returns on investment 

How we helped
Lear Innovation Ventures
LEAR INNOVATION VENTURES (LIV)

Evolving Lear’s innovation program to realize greater returns on investment 

How we helped
Lear Innovation Ventures
LEAR INNOVATION VENTURES (LIV)

Evolving Lear’s innovation program to realize greater returns on investment 

How we helped
The ask
Industry
Automotive
Transportation
Want to get bold work like this done?
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Lear has always been committed to innovation. However, the newly formalized open innovation program’s pipeline was stuck, and the company wanted better results. Lear sought a strategic partner to customize an operating model, including these core elements critical to success; strategy, systems, organization, and communication. Alongside program enhancements, Launch also supported welcoming the company’s first CTO to help to lead the charge in launching Lear Innovation Ventures (LIV).

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Innovation Operating System (OS)

Launch’s innovation operating system minimizes friction and risk by integrating enterprise pipeline and portfolio management systems, software, and executive dashboards. The OS also includes specialized tools and methods such as design thinking, quantified rankings, and project-level reporting that help organizations collect, evaluate, incubate, implement, and commercialize new, novel, and valuable ideas.

Executive marketing, change management, & communications

Organizations require effective change management to implement innovation, including communication and inspiration of what innovation means to them. Launch helped Lear create Lear Innovation Ventures (LIV) by crafting board presentations, benchmarking insights, and a unique brand identity and collateral.

50%
Reduction in time spent by aligning teams around a common mission & call-to-action
05
Stage customized innovation process
3k+
Ideas moved through the pipeline

Extension of project teams and access to skills & competency

Blending internal and external teams creates healthy cross-team dynamics, rapid responses, flexibility, and impact to culture. External resources expedite speed-to-value, allowing project teams to focus on meaningful work, while access to design and engineering pools enable experimentation, building, and learning with the right skills at the right time.

Access to emerging and disruptive technologies

Our teams offer access to emerging and disruptive technologies to help organizations, and our frameworks help translate ideas into focused action plans that identify the right technology for each opportunity.

"Launch compliments the strategy and coordination with execution by being valued partners to our R&D teams through firmware/software and UX/UI development. They also have the ability to deliver innovative techniques and messaging to large or small group audiences up and down the organization, and I'd recommend them to any innovation team looking to improve their innovation programs."
The impact

Today, Lear continues to propel the automotive industry into new unexplored sectors with the use of the LIV innovation program and pipeline. Lear’s innovation drives their future, identifying early-stage technologies and developing strategic automotive technology partnerships. They provide internal and external assistance for innovation initiatives supporting autonomous, connected, electrified, and shared mobility.

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