Corporate innovation ensures the sustainability of a business. Large and well-established corporations are particularly prone to slow changes and getting stuck in their own ways. They tend to build upon existing products rather than rethinking.
On the other hand, startups with fresh perspectives are great at re-envisioning how an industry can operate and grow. Innovation is crucial to a corporation’s success by giving a competitive edge in today’s penetrating markets faster.
NEXEA is in a unique position as we deal with Startups on a daily basis - we understand what it takes to innovate, validate and grow technology Startups. We also work with many Corporates via our Startup programmes to help Corporates attain their corporate innovation goals. We deal with Corporates from many corporate innovation maturity levels.
Corporate Innovation consulting is the practice of helping organisations spot new opportunities and create new products, brands, and/or businesses. This means revamping their existing business models and implementing new innovation opportunities into the existing business models.
Even when corporates are experienced with corporate innovation, running successful, large-scale corporate innovation programs like Venture Building, Startup Accelerators and Corporate Venture Capital can be a huge task without the right experience.