How to prepare for corporate incubation end of party

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Startups have become a cheap excuse for corporations in lack of innovation strategy. It’s not even breaking news; if you’ve been in the business of guiding companies through the innovation minefield for a while, you’ve already endured several trends coming and going every three or four years. Open innovation, intrapreneurship, design thinking, now startup incubation programs. But the end of party is approaching quickly for most corporate incubators that haven't shown a single result. How to learn from these mistakes, and what are the hurdles to overcome next time?

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How to prepare for corporate incubation end of party

  1. 1. How to prepare for corporate incubation end of party? Philippe MÉDA, Oct. 2016
  2. 2. Philippe Méda / MERKAPT Asia Europe France Industry Startups VCs MBA
  3. 3. 2012 How bad is it really? 2014 2016
  4. 4. 2012 How bad is it really? 2014 2016
  5. 5. How bad is it really? Ideation room, Crowne Plaza, Amsterdam
  6. 6. Millions in ROI!
  7. 7. How to prepare for corporate incubation end of party? 2. SOLUTIONING BLINDNESS 5. INTRAPRENEURS FATIGUE 3. STOP-GATE COMPULSION 1. SUNK COST PARALYSIS 4. CYCLE OF LIFE TOXICITY
  8. 8. 1. SUNK COST PARALYSIS
  9. 9. Still skatingwhere the puck was years ago? 1.SunkCostParalysis
  10. 10. Still skatingwhere the puck was years ago? 1.SunkCostParalysis
  11. 11. Still skatingwhere the puck was years ago? 1.SunkCostParalysis
  12. 12. 2. SOLUTIONING BLINDNESS
  13. 13. Who needs a better phone? 2.SolutioningBlindness
  14. 14. Who needs a better phone? 2.SolutioningBlindness
  15. 15. Who needs a better TV? 2.SolutioningBlindness
  16. 16. Who needs a better TV? 2.SolutioningBlindness
  17. 17. Who needs a better car? 2.SolutioningBlindness
  18. 18. Who needs a better car? 2.SolutioningBlindness
  19. 19. Who needs a better car? 2.SolutioningBlindness
  20. 20. Chasingthe nextBIG thing 2.SolutioningBlindness
  21. 21. Chasingthe nextBIG thing The 6 startups you incubate 2.SolutioningBlindness
  22. 22. Chasingthe nextBIG thing 2.SolutioningBlindness
  23. 23. Chasingthe nextBIG thing The 6 startups you incubate The 120 ‘techno-push’ startups you should consider The 3 ‘market-pull’ startups you need
  24. 24. 3. STOP-GATE COMPULSION
  25. 25. How bad do you need to forecast? 3.Stop-GateCompulsion
  26. 26. How bad do you need to forecast? iPhone, 2007 $25bn, 2012 3.Stop-GateCompulsion
  27. 27. How bad do you need to forecast? 3.Stop-GateCompulsion
  28. 28. How bad do you need to forecast? $25bn, 2012 3.Stop-GateCompulsion
  29. 29. How bad do you need to forecast? “Nintendo has fiercely guarded its properties for as long as those properties have existed. A few notable exceptions can be found in the "Super Mario Bros." movie, "Hotel Mario," and a few other odds and ends, but Nintendo tends not to act casual about its properties. As Miyamoto explained, this mentality comes from an era "when our hardware systems were the number one gaming platforms in the world." Kids would grow up with Nintendo consoles, thus endearing them to characters like Mario from an early age. But kids today are growing up with smartphones and tablets. ” Time Magazine, Sept. 2016 3.Stop-GateCompulsion
  30. 30. 4. CYCLE OF LIFE TOXICITY
  31. 31. 4.CycleofLifeToxicity 0 To1 in less than 3 years
  32. 32. 4.CycleofLifeToxicity Gen 2 2009 Gen 3 Gen 4 Didi 2012 Gen 1,2 & 3 2004 2017 Gen 0 1998 What you are still trying to figure out What you fear next What’s trying to kill you now Gen 4 & 5 2009 Gen 6 Gen 7 Didi 20122004 Gen 0 1998 What’s coming up next… Just like dog years Gen 0 to 1 for YOU
  33. 33. 5. INTRAPRENEURS FATIGUE
  34. 34. 5.Intrapreneursfatiguqe Everyone’s an entrepreneurnow
  35. 35. Everyone’s an entrepreneurnow 5.Intrapreneursfatiguqe
  36. 36. Everyone’s an entrepreneurnow 5.Intrapreneursfatiguqe
  37. 37. They Shoot Horses, Don’tThey? 5.Intrapreneursfatiguqe
  38. 38. Everyone’s an entrepreneurnow How an employee generates $600K /yr direct-to-market sales on its own? 5.Intrapreneursfatiguqe
  39. 39. Everyone’s an entrepreneurnow 5.Intrapreneursfatiguqe
  40. 40. Everyone’s an entrepreneurnow Inside the Cannibalistic Culture of China's Biggest Tech Giant Bloomberg, Sept. 14, 2016 Success inside China’s most-valuable public company sometimes requires a bit of cannibalization. Tencent Holdings Ltd.’s ubiquitous WeChat service emerged after founder Ma Huateng encouraged employees to compete against each other to create a mobile messaging business. WeChat now has more than 805 million users, who turn to the service not just for texting but also for playing games, paying bills and buying money-market funds. That blockbuster helped propel Tencent’s growth into the biggest publicly traded company in China with a market value of HK$1.97 trillion ($255 billion). Ma now wants to repeat that success as Tencent moves into live-streaming video, letting at least six divisions compete for eyeballs in a market expected to mushroom nine-fold in value to almost $13 billion by decade’s end. “Tencent’s culture is like a shark womb,” said Andy Mok, managing director for recruiter Red Pagoda Resources in Beijing, referring to how some unborn sharks cannibalize siblings in the womb to ensure their own survival. “It’s not as deadly, but it makes every member adapt faster and be more competitive,” he said. 5.Intrapreneursfatiguqe
  41. 41. 2. SOLUTIONING BLINDNESS 3. STOP-GATE COMPULSION 1. SUNK COST PARALYSIS 4. CYCLE OF LIFE TOXICITY How to prepare for corporate incubation end of party? 5. INTRAPRENEURS FATIGUE

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