Super Steroids that Seriously Scale your Intrapreneurship Programs
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The document describes several "super steroids" or strategies for scaling intrapreneurship programs. It discusses structuring programs to filter people and ideas, focusing first on people and their skills before ideas, providing detailed guidance and mentoring to teams through all phases of idea development, funding slush funds for prototypes and experiments, and developing intrapreneurs' skills so they can coach others. The strategies are presented as ways to seriously scale programs by increasing the number of successful ventures created, engaging more people, and achieving higher returns on investment compared to traditional workshops or one-off programs.
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Super Steroids that Seriously Scale your Intrapreneurship Programs
- 1. SUPER STEROIDS THAT SERIOUSLY SCALE YOUR INTRAPRENEURSHIP PROGRAMS jan@afce.cowww.afce.co
- 4. 90% FAILING jan@afce.cowww.afce.co Valley of Death Ideas not progressing Ideas lack validation
- 6. STRUCTURE STEROID 2018: 200 48 16 Biz Unit 2017: 120 25 11 Biz Unit 25% 30% ROI jan@afce.cowww.afce.co
- 7. OVER 500 IDEAS SUBMITTED BUT ONLY INCREMENTAL & PEOPLE NOT ENGAGED ENOUGH… jan@afce.cowww.afce.co
- 8. PEOPLE 1st IDEAS 2nd STEROID • Like to analyse data • Easily build strategic relationships AND • Highly Adaptable AND jan@afce.cowww.afce.co
- 9. PEOPLE 1st IDEAS 2nd STEROID 54.6% 37.6% 26.9% SENIORITY 11.6% jan@afce.cowww.afce.co
- 10. PEOPLE 1st IDEAS 2nd STEROID 55% ROI jan@afce.cowww.afce.co 30% - 40% Difference
- 11. • Random Business Model Workshops • Talks by Professors /Entrepreneurs • Co-working Spaces ARE NOT ENOUGH. DETAILED GUIDANCE IS NEEDED >> jan@afce.cowww.afce.co
- 12. • 20% Expert Mentoring • 5% Documenting Assumptions • 15% Assignments • 10% Tutorials LONELY PLANET STEROID 10HRS of GUIDANCE PER WEEK: • 50% Lean Experiments jan@afce.cowww.afce.co
- 13. CHOOSE THE RIGHT GUIDE! ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ROI 80% jan@afce.cowww.afce.co
- 15. SLUSH FUND STEROID ROI 110% • DEVELOPERS • DESIGNERS • PROJECT MANAGER USE FOR: jan@afce.cowww.afce.co • ONLINE MARKETERS
- 17. SCALABILITY STEROID 25% - 50%: could become coaches jan@afce.cowww.afce.co
- 18. SCALABILITY STEROID 40% Questionable Funding Decisions jan@afce.cowww.afce.co
- 20. STRUCTURE PEOPLE 1st IDEAS 2nd LONELY PLANET SLUSH FUND SCALABILITY 5 SUPER STEROIDS FOR SERIOUS SCALE: jan@afce.cowww.afce.co
- 21. STRUCTURE PEOPLE 1st IDEAS 2nd LONELY PLANET SLUSH FUND SCALABILITY WORKSHOP 5 SUPER STEROIDS FOR SERIOUS SCALE: jan@afce.cowww.afce.co
- 22. 22 THE MOST SCIENTIFIC AND RIGOROUS APPROACH TO CORPORATE ENTREPRENEURSHIP. Jan Kennedy, CEO jan@afce.co +49 (0)152 2301 8392 www.afce.co
- 23. 23 THE WORLD’S GREATEST MENTORS. AfCE Mentors: • Help teams test key assumptions • Design Thinking & Lean Startup skills • AfCE curriculum experts • Wealth of corporate innovation experience • Coached numerous startups • Successfully created new ventures
- 24. WHYSCIENTIFIC& RIGOROUS? Most corporates entertain too much “innovation theatre” and struggle to get to the bare bones of what makes ideas successful. Entrepreneurs simply can’t afford to take that approach. Our roots stem from supporting the silicon valley Founder Institute (the world’s largest startup launch program) to scientifically select entrepreneurs and rigorously push them through a mentoring program strongly backed with curriculum. This program launches over 1,000 startups per year with an 80% survival rate where the portfolio value exceeds $25 Billion - so we’ve learned a few things about making startup teams successful! We have a tried and tested approach to implementing corporate entrepreneurship within Fortune 500 organisations. By focussing on teams of Intrapreneurs with specialised mentors and curriculum, we are able to change mindset and help create a culture of innovation. Our method goes way beyond traditional consulting and allows you to sustainably scale your initiatives. We believe in: • Selecting the right innovators vs. allowing just anyone to innovate (long-term) • Continued mentoring support vs. ad-hoc workshops • Assignments at the right time vs. random business model exercises • Evidence based decision-making vs. opinion based decision-making 1,000 80% Companies per year Survival Rate 45% Seed Funded $25Bln Por@olio Value
- 25. 25 OUR PORTFOLIO. AfCE engages with large organisations across industries and geographies who are truly seeking to invest in their innovation skills and mindset. Programs can be offered in multiple languages.
- 26. STRUCTURE STEROID 2018: 200 48 16 Biz Unit 2017: 120 25 11 Biz Unit 25% 30% ROI jan@afce.cowww.afce.co
- 27. PEOPLE 1st IDEAS 2nd STEROID 54.6% 37.6% 26.9% SENIORITY 11.6% jan@afce.cowww.afce.co
- 28. • 20% Expert Mentoring • 5% Documenting Assumptions • 15% Assignments • 10% Tutorials LONELY PLANET STEROID 10HRS of GUIDANCE PER WEEK: • 50% Lean Experiments jan@afce.cowww.afce.co
- 29. SLUSH FUND STEROID ROI 110% • DEVELOPERS • DESIGNERS • PROJECT MANAGER USE FOR: jan@afce.cowww.afce.co • ONLINE MARKETERS
- 30. SCALABILITY STEROID 25% - 50%: could become coaches jan@afce.cowww.afce.co 40% Questionable Funding Decisions
- 31. WORKSHOP 5 SUPER STEROIDS FOR SERIOUS SCALE: jan@afce.cowww.afce.co • Teams of 6 people • 20 mins 1st steroid • 20 mins 2nd steroid • Share Out • Demo some steroids
- 32. STRUCTURE PEOPLE 1st IDEAS 2nd LONELY PLANET SLUSH FUND SCALABILITY jan@afce.cowww.afce.co Do you support 3 phases: Idea1on, Discovery & Incuba1on? How? How do you filter people and match them to ideas? What “guidance” do you provide? Tutorials, assignments, mentoring, access to customers… Which phase? How do you encourage experimenta1on to validate assump1ons and MVPs? Developers, designers, marketers, expenses... Do you train execs? How do you equip Intrapreneurs to train / enable others?