Your company has been around for quite a while and is now lagging behind the newer and more flexible competitors. This does not mean that it’s time for you to retire though!
Some Corporations adopt the lean methodology and the agile approach in their product development & operations. This might end up as the winning long-term strategy in the turbulent times we all live in. It gives a huge advantage to those who invest, innovate, and build like startups do - fast and smart. According to the founder of Amazon, Jeff Bezos, a company should treat every day like it's the first day of their new startup - without ever reaching Day 2. It is through this mentality that he’s managed to build the most valuable public company in the world.
‘The outside world can push you into Day 2 if you won’t or can’t embrace powerful trends quickly.’
Which concepts have the potential to grow? Which ones are good to GO and which to put in the dust bin?
How to create a working incentive scheme that will keep the intrapreneurs motivated for the long run.
How to apply the right methodology to keep corporation shareholders happy but at the same time to be able to manage the project as a startup?
How to be involved in the process without interfering the intrapreneurs team and to monitor the KPIs & Milestones they achieve?
Who has the power to decide what to do and where to focus the company resources?
Startups don’t fit in budgets. And that’s normal. But they need capital. How to execute the funding steps right?