Investopedia explain the death by thousand cuts term as follows "failure that occurs as a result of many small problems." Can that happen in the corporate world? First of all, let's have a look at what I call "swarm effect". There is about 4 million...
Large companies have never been able to occupy a significant place in the market if they focused exclusively on coming up with new products. I'm not talking about inventing a new taste of ketchup or coffee with whipped cream. I mean taking the market...
With the existence of innovations such as artificial intelligence, automation, machine learning or crowdsourcing platforms, cost management takes on a completely different dimension. Probably for the first time in its history, the business world has...
Large companies have no problem with financing innovative projects. As a rule, corporations have available resources, they are able to allocate money quickly. Managers in large organizations have a slightly different challenge - how to quickly check...
The company's digital maturity can be defined as follows: digital maturity is about adapting the organization to compete effectively in an increasingly digital environment. Maturity goes far beyond simply implementing new technology by aligning the...
❓How to make startups and corporates work together❓ 1️⃣ Startups love risk and it is not a source of fear for them. Of course, everyone feels fear, but the startups do not defend themselves against it, they do not defend...
Please have a short video explaining GE, Alaska Airlines and Kaggle business case. A brief summary of what you can find in the video: A short introduction of Alaska Airlines and Kaggle; How it works and what Kaggle is. What challenges have GE and Alaska...
In this post I want to share with you what I learned regarding the project where a big global company (its branch in the Central Eastern Europe region) needed to properly set up collaboration with startups that the company's headquarters has...
I am a great supporter of the concept of startups swarm. How do I understand it? You are sitting by the lake and drinking coffee. Maybe a wine with a girl or a group of friends. You are watching the surroundings. You are relaxed. Suddenly, mosquitoes...
Large companies are reaching the world of startups more often. As I mentioned in the article published at https://arekskuza.com/startups-for-increasing-the-income-or-cost-effectiveness-of-a-large-organization/, they mainly do so in order to give...
What does kill large companies chance to discover new revenue through innovative effort? According to the PwC Innovation Benchmark report, managers in large organizations expect from innovative projects mostly impact on sales (source:...
You can clearly see in the world of large organizations the interest in building added value together with startups. 68% of companies on the TOP 100 Forbes list are involved in relations with startups (source: 500...