corporate venture
Traditional business models are being challenged by evolving customer behaviors, value chain disruption and venture-backed startups. The life-span of Fortune 500 companies is rapidly shrinking, with the list constantly changing. However, established companies can leverage key assets, such as their brands, customer base, salesforce and organizational capabilities.
With corporate venture building, leaders look at those endowments with an entrepreneurial mindset and quickly turn them into the backbone for new businesses that open new avenues for growth, boost profit and loss (P&L), and scale to be corporate unicorns. Chief executive officers (CEOs) need to change the incumbent mindset by mirroring venture capital traits to develop disruptive corporate unicorns using their companies’ endowments.
Are you ready for TENx growth?
Click on each item below to learn more:
Evolving customer behavior
Consumer engagement
Disruption in value chain
Burning platform for growth and innovation
What it means to build a
The EY-Parthenon Corporate Venture Building framework is centered around triggers, endowments and how they spur and support an enhanced or totally new P&L for your business, getting to day 100 on day 1.
Triggers
Addressing growth
Endowments
by leveraging
Next-gen P&L
to deliver
Triggers that drive change:
Customer and brand
Distribution
Leverage your endowments:
Intellectual propery (IP) and capabilities
Access to resources
Bottom line benefits:
Lower customer acquisition cost
Lower opex and capex
Translate endowments to P&L
Approximately two years to cash neutrality
Lower peak funding
Experience faster time to cash neutrality
Asset light (build-buy-partner)
Endowment leverage
Gain a 2x-5x multiple of the parent company