THE SPIN OFF PRINCIPLE

Creating connected autonomy for best of both worlds

Spin-off is a design principle that involves creating a separate entity from an existing organisation or project to pursue a new direction or opportunity. This new entity is often formed to pursue a specific goal or product that is different from the main focus of the existing organisation.

The idea behind spin-offs is to allow the new entity to operate with more autonomy and flexibility, without being constrained by the existing organisation's structure or culture. By creating a separate entity, the new project can operate more independently, with its own resources, goals, and strategy.

This can be beneficial for both the parent company and the new entity, as the parent company can realise value from divesting non-core businesses, while the new entity can operate with greater focus and flexibility, and potentially attract new investors.

The spin-off can also be a valuable design principle for organisations that want to explore new areas of innovation, expand into new markets, or pursue new business opportunities. It can help to create a more focused and agile organisation that is better equipped to pursue specific goals.

Overall, spin-off innovation allows companies to leverage existing ideas and components to create radically new and innovative products.

These worksheets offer a summary of Polestar's smart move towards 'opening up for cocreation'. On the backside of the worksheets, you will find the questions you can ask yourself or your team to challenge your own perspectives.

The worksheet is a summary of the Polestar smart move on ‘opening up for cocreation’. On the backside of the worksheet you will find the questions you can ask yourself or your team to challenge your own perspectives.

WHAT WOULD POLESTAR DO?

WHAT WOULD YOU DO?