Scaling at Scale: How Repsol Realized €800 Million from Digital Innovations
Name
MIT_CISRwp464_RepsolScalingAtScale_FonstadMockerSalonen.pdf
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1.43 MB
Format
Adobe PDF
Checksum (MD5)
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Author(s)
Fonstad, Nils O.
Mocker, Martin
Salonen, Jukka
Date Issued
July 18, 2024
Publisher
Cambridge, Mass.: Center for Information Systems Research, Sloan School of Management, Massachusetts Institute of Technology
Citation
Fonstad, Nils O., Martin Mocker, and Jukka Salonen. “Scaling at Scale: How Repsol Realized €800 Million from Digital Innovations.” Working paper 464, Center for Information Systems Research, Sloan School of Management, Massachusetts Institute of Technology, 2024. https://dspace.mit.edu/handle/1721.1/175417.
Series/Report no.
MIT Sloan School of Management Working Paper 7366-24
CISR Working Paper 464
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.
Subjects
Assessing Performance and Value
IT investment and portfolio management
Data monetization
Innovation and Strategy
Experimentation and Learning
Innovation Portfolios
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