Lean Scaleup: Set Your Corporate Ventures Up For Success

To set up a company for post-crisis growth and maintain corporate innovation's role, corporate innovators must understand the new normal, identify opportunities from changes in customer needs, align with digital units for short-term benefits, and select the right corporate startups and ventures. Once these actions have been taken, the Lean Scaleup framework can help to accelerate and scale selected initiatives. The framework requires a 360° validation, determining the right scaling pathway, and scaling up planning. Dual leadership is required to balance core optimization and new business growth, and culture and collaboration play a vital role. The Lean Scaleup is a best practice framework that is co-created with leading companies and will be publicly available in the coming months.