Gorillas Can Dance. Shameen Prashantham

Gorillas Can Dance - Shameen Prashantham


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with Social Ventures

      1 Co-aligning with strategy – which relates to the why of corporate-startup partnering

      2 Co-innovating with startups – which relates to the how of corporate-startup partnering

      3 Co-evolving with ecosystems – which relates to the where of corporate-startup partnering

      First, in terms of the why, two key observations can be made. There is an imperative for partnering with startups. Large corporations need to be entrepreneurial to cope with disruption and competitive dynamics in an era of digitalization – and one way this is manifested is through partnering with startups. Indeed, in the Microsoft case, managers like Dan'l Lewin, Zack Weisfeld, and James Chou, among many others, were especially key in driving startup partnering efforts. That said, there is also challenge in partnering because of the sheer differences between large corporations and startups. As seen in the Microsoft case, a concerted effort was required in order to better understand startups' circumstances, through talking to the startup community.

      Third, in terms of the where, for multinational corporations there is scope for partnering globally with startups. In the Microsoft case, important activity took place in a range of settings: North America, Western Europe, and Israel, as well as emerging markets – with strong leadership from headquarters. As Dan'l Lewin observed, “The direction from which all the actions were taken in the market (the subsidiaries) was crafted by the Corporate team (which I lead).” Emerging markets like China and India have continued to be leveraged for startup partnering. Finally, there is scope for partnering for good with startups. This was vividly seen in the case of Microsoft's work in Africa, but also elsewhere. By formalizing its efforts to engage with social entrepreneurs Microsoft has demonstrated an intent to contribute towards achieving the 2030 SDGs.

      In sum, the Microsoft story helps us understand the “why,” the “how,” and the “where” of corporate-startup partnering.

      This gives the structure for this book.

      Why: Co-aligning with Strategy


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