Shared Experiences

A Day in the Life of...

Corporates	Startups	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 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 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.