Startups and large companies can make ideal partners. This presentation explores some of the key issues to consider.

1. 1
Startups and Corporate Innovation
A CXO-Talk Perspective
Founder, CXO-Talk.com
Michael Krigsman
mkrigsman@asuret.com
617-906-5079
@mkrigsman

2. Large Companies LOVE Startups
2Source: http://www.slideshare.net/schlaf/raising-a-seed-round

3. Value of Innovation is HUGE
3Source http://www.bain.com/publications/articles/taking-the-measure-of-your-innovation-performance.aspx

4. 4
“Corporate innovation
is an oxymoron.
We’re not rewarded on
Wall Street for unpredictable
things.”
Bruce Cleveland
Venture Capitalist
CXO-Talk, 10/31/14

5. 5
Why don’t big companies
innovate?
“It requires unnatural acts
of sacrifice.”
Christopher Michel
Entrepreneur and Investor
CXO-Talk, 2/13/15

6. 6
Startups can help:
“Temporary organization
searching for repeatable,
scalable business model.”
Steve Blank
Entrepreneur and Educator
CXO-Talk, 10/31/14

7. 77
Large Companies Startups

8. Example: Adobe Systems
8
CIO Innovation Forum
Gerri Martin-Flickinger
CIO, Adobe
CXO-Talk, 1/9/15

9. Example: Standard Chartered Bank
9
Crowdsourced Price Measurements in Nigerian Markets
Todd Schofield
Standard Chartered Bank
CXO-Talk, 2/6/15
Photo http://lagoscityphotos.blogspot.com/2010/09/theme-day-open-air-market.html

10. 10
Lessons Learned
Align Innovation to Business Goals
‣ Areas of innovation
• Technology / Products
• Business model
• Process / Efficiency
‣ Type of innovation
• Sustaining
• Disruptive
Photo Michael Krigsman

11. 11
Don’t Screw the Startup’s Culture
Top-down antibody protection
Photo Michael Krigsman

13. 13
Startups and Corporate Innovation
A CXO-Talk Perspective
Founder, CXO-Talk.com
Michael Krigsman
mkrigsman@asuret.com
617-906-5079
@mkrigsman