In the fast-paced world of the tech startup, businesses fly or die based on their ability to be innovative thinkers, and their ability to execute on that thinking. As a large organization, embracing some of the techniques used by these entrepreneurs will help you stay competitive and dominate your market.
For executives and managers who are looking for new ways to foster creativity, kickstart cross-pollination of ideas between silo-ed departments and build better digital products faster.
- How to shift internal culture by adopting a startup mentality
- Tactics for rapid product development: Thinking Lean and Agile
- Fostering innovation through internal hack days
4. SMASHING YOUR SILOS
Understanding the startup mentality
Rapid product development using Lean and Agile
Tools and tactics for thinking like a startup
@twg
7. THE STARTUP MENTALITY
Sense of urgency: Fly or die
Optimism
Willingness to take risks
Volunteering
Teamwork
Meritocracy
Extreme Measures
Commitment
Learning
Generosity
@twg
10. STARTUPS VS. BIG COMPANIES
BIG ORGANIZATION
SMALL STARTUP
PROS
Resources, brand equity, experience
PROS
Rapid decision making, close-knit team,
fast execution, CULTURE
CONS
Silos, slow decision making, CULTURE
CONS
Inexperience, lack of resources, no
brand equity
@twg
11. STARTUPS VS. BIG COMPANIES
“Corporate culture is the only sustainable
competitive advantage that is completely
within the control of the entrepreneur.”
!
- David Cummings, Pardot Co-Founder
@twg
15. $$$?
Of course, it’s not quite that simple. But perhaps
it could be if the benefits of a startup mentality
were married with the brand and resources of a
larger, established business.
@twg
38. HACK DAYS
Change your culture from the ground up by holding hack
days that engage employees from different departments
and levels in your organization. Give people time to work
together on solving new and different problems.
!
This could be around the conception of a new product or
service, or optimizing or creating a new internal process.
!
@twg
40. LABS
A “Lab” is an internal program that gives people in your
company the space and resources to work on solving
problems and creating new products over a longer period
of time.
!
The Lab is a place to iterate on ideas, build products and
determine their value.
@twg
42. 20% TIME
Made famous by Google, “20% time” means giving your
team a set amount of time each week to work on projects
that aren’t necessarily in their job descriptions.
!
They can use the time to develop something new, or use
the opportunity to fix something that isn’t working as well
as it could be.
!
@twg
44. THE ENTREPRENEUR-INRESIDENCE
Find, hire and embed an experienced and talented
entrepreneur directly into your organization so you
can learn from him or her.
@twg
46. GOING THERE
Embedding a team in a place where startups work is
a great way to learn how they operate day-to-day.
Co-working spaces, accelerators and tech hubs are
all great places to explore startup culture.
!
@twg
55. PRESERVING THE STARTUP
MENTALITY
Trust people to do the work
Flat organizational structure
Focus on learning and teaching
Lean and Agile thinking
Support the startup community
House startups in our space
Time off when you want
@twg