Beyond Luck: How to Build a Winning Corporate Innovation Strategy
Last weekend I got lucky. I love being outdoors and so I don’t mind spending hours – often unsuccessfully – looking for mushrooms.
When it comes to building successful and sustainable Corporate Growth Ventures one should not rely on luck. Over the past decade, I have had the privilege of working with over 100 large enterprises and SMEs on corporate innovation, witnessing both remarkable successes and notable challenges. At Eisbach Partners, we understand that while innovation is crucial for sustainable growth, many initiatives fail to meet expectations. The key to unlocking innovation potential lies in establishing a robust framework tailored to your organization’s unique needs.
Hypes pass, trends stay. Quo vadis AI?
Artificial Intelligence is undoubtedly on everyone’s lips. However, according to a recent survey by Bitkom, only 2 percent of German companies use generative AI like ChatGPT. In 3 out of 10 companies, the prevailing opinion is that AI is an overrated hype. But are they right?
As a founder, CTO, and business builder, I constantly ask myself which new technologies are really future-proof. And probably you’re wondering the same. Looking back, sometimes my assessments were spot-on, and sometimes I was off the mark.
Insights from WEF24 in Davos
At Eisbach Partners, we believe that 2024 will be the year to create sustainable growth by activating dormant, existing assets of a company and by accelerating this process with the power of AI. We just spent the past week in Davos #WEF24 talking about the accelerating factors that AI plays in the innovation process, bringing German “Mittelständler” to a pole position, given the massive, unactivated amount of assets they are sitting. Here are the top 4 fields that we have identified in our business-building practices with our clients, where AI accelerates the innovation process and will lead to sustainable growth