Difference between pages "Shared Experiences" and "Key Messages"

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(Created page with "==A Day in the Life of...== {| class="wikitable" ! scope="col"|Corporates ! scope="col"|Startups ! scope="col"|Combined Insights |- |'''A Corporate Innovator''' *Multiple demands and roles *Multiples decision makers - needing to getting group buy-in *Competing interests for budget *Fire fighting constantly *Prioritising *Brand risk mitigation *Talent management/ resourcing *Staying current and relevant |'''A Startup Founder''' *Multiple hats 24/7 *Sole decision maker *Ma...")
 
(Created page with "== We Need To... == *Systematically align along phases of the engagement process *Know each other’s why and understanding how to connect - know me and my business *Be open and transparent engagement *Reduce red tape *Commit to undertaking the engagement - people, time, resources *Have clear success measures *Bring together strategy and execute on delivery *Disrupt before you’re disrupted *Act - take the vision to action - less hui, more do-ey *Fund it appropriately...")
 
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==A Day in the Life of...==
== We Need To... ==
{| class="wikitable"
 
! scope="col"|Corporates
*Systematically align along phases of the engagement process
! scope="col"|Startups
*Know each other’s why and understanding how to connect - know me and my business
! scope="col"|Combined Insights
*Be open and transparent engagement
|-
*Reduce red tape
|'''A Corporate Innovator'''
*Commit to undertaking the engagement - people, time, resources
*Multiple demands and roles
*Have clear success measures
*Multiples decision makers - needing to getting group buy-in
*Bring together strategy and execute on delivery
*Competing interests for budget
*Disrupt before you’re disrupted
*Fire fighting constantly
*Act - take the vision to action - less hui, more do-ey
*Prioritising
*Fund it appropriately - aligning money to the outcomes sought
*Brand risk mitigation
*Take a step by step approach, keep it simple and keep going
*Talent management/ resourcing
*Recognise failure is an important part of success
*Staying current and relevant
*Realise that it’s bigger than you - whole of community / all of NZ approach
|'''A Startup Founder'''
*Remember….we all rise on a high hide
*Multiple hats 24/7
*Sole decision maker
*Managing cash flow
*Finding work/life balance
*Staying upbeat when there are delays/inertia
*Being all things to all people
*Prioritising
*Flying as you’re building the plane
*Talent management/resourcing
|'''Shared Experiences'''
*Not engaging at right level
*Day to day activities are very similar
*Founders often have a personal hands on relationship with funders (Family or Venture Capitalist)
*Corporate Innovators have a more distanced hands off relationship with their shareholder funders
*Investment in personal reputation & risk
*Decision-making as a founder is close to the action whereas decision-making as a corporate innovator is more distanced from action
*Can be over-investment in the initial concept / dream to detriment of clear commercial progress
*Recognising when to say stop
*Prioritising time to $ vs. time to alignment.
|-
|}


'''FACILITATOR COMMENTARY'''
'''FACILITATOR COMMENTARY'''
''Somewhat surprisingly for some, the similarities of the daily issues each face were outlined and acknowledged. Everyone recognised each other’s strengths and issues - time/speed, money, resources - and vowed to work better, together.''
''Key takeaways for everyone included a clear understanding of the ‘why now’? And being able to see the potential benefits of working smarter together. A challenge to overcome in many corporates however, was that those present are actively engaged this and see value in these connections but need to bring others in their organisations along on the journey of startup collaboration.''

Latest revision as of 04:56, 2 December 2021

We Need To...

  • Systematically align along phases of the engagement process
  • Know each other’s why and understanding how to connect - know me and my business
  • Be open and transparent engagement
  • Reduce red tape
  • Commit to undertaking the engagement - people, time, resources
  • Have clear success measures
  • Bring together strategy and execute on delivery
  • Disrupt before you’re disrupted
  • Act - take the vision to action - less hui, more do-ey
  • Fund it appropriately - aligning money to the outcomes sought
  • Take a step by step approach, keep it simple and keep going
  • Recognise failure is an important part of success
  • Realise that it’s bigger than you - whole of community / all of NZ approach
  • Remember….we all rise on a high hide

FACILITATOR COMMENTARY Key takeaways for everyone included a clear understanding of the ‘why now’? And being able to see the potential benefits of working smarter together. A challenge to overcome in many corporates however, was that those present are actively engaged this and see value in these connections but need to bring others in their organisations along on the journey of startup collaboration.

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