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Learning from Start-ups

LEARNING FROM START-UPS Innovation requires risk-taking and strong leadership 70 percent of all start-ups see their own business well positioned for innovation processes while the majority of big companies seem to struggle with that task. WHY ARE START-UPS ONE STEP AHEAD? 75% 75% 90%) Have a highly automated Have a process and Believe that a powerful founder basic IT infrastructure that methodology around and their vision are of crucial makes them 'work smarter' innovation and especially importance for success instead of working harder product development in innovation THINK LIKE A START-UP AND DRIVE INNOVATION! Start-ups believe... 100% 111 90% 80 80% 60 62% 52% 40 20 you must be willing to fail that large corporations a strong dictator figure at the top is not a bad thing large companies fail due to a lack of run too much on empowerment and consensus resources THE BIG 5 Challenge Employ people commonly-held and Key characteristics of innovative companies who, like them, create often long-standing ideas and challenge assumptions the norm Are led by senior management who prioritise innovation Accept failure Focus on new product development and listen to customer and employee suggestions The research was undertaken from November to December 2013 by face-to-face interviews with 60 start-ups in the U.S, U.K and Germany on a non-attributable basis and using a questionnaire Automic Let's Automate Business.

Learning from Start-ups

shared by Automic on Mar 12
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Many of today's multinationals began their lives as startups - driven by a vision to change the world and a need to experiment with minimal resources. Today, they have ossified into hierarchical m...

Publisher

Automic Software

Designer

Anthony Risidore

Category

Business
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