The goal of this post is to describe the importance of cities in fostering collaboration between startups and large companies. Local governments play an important role in building ecosystem of effective innovations. How can City Hall support small...
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Personalize or die? 3 ways large companies can embrace startups way.
People expect personalization. Everybody needs and expects personal, customized, well crafted products and services. Startups already knew that, large companies learn fast.... embracing startups ecosystem. Coca-Cola invested in AI driven restaurant in...
Unexpressed needs of your customers are best drivers for digital transformation.
Some companies consider Digital Transformation as the process of eliminating internal inefficiencies, of removing manual actions, bringing AI into company. As long as it doesn't start with customer feedback, it will not bring company to digital world,...
Death by thousand cuts (startups).
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...
Big companies can’t be innovative offering only new products.
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...
You need to hug customer first, if you want to reduce costs (change margin).
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...
Killing innovations quicker than you think. Power of validation board in large companies.
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...
CEO check list to quickly determine the degree of digital maturity of the company.
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
❓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...
GE (large company) + Alaska Airlines (large company) + Kaggle (startup).
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...
Big pharma needs startups for leveraging pharmacies business – case study.
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...
Will P&G disappear? What will happen to IKEA? Swarm of startups.
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...