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Corporates vs Startups
“Ideas are easy. Implementation is hard.”— Guy Kawasaki
I wrote about the lessons I believe corporates could learn from startups here. Having now worked in both types of environments, the ways of doing business are very different.
So let’s take a look from the other perspective. What can startups learn from corporates?
Process
The most obvious aspect of business success lacking in startups is process.
When you come up with an idea, the next step is bringing it to life in some form. That might mean writing explanations or white papers. Or it could mean creating a prototype and hopefully testing it. There will be some pitching of the idea for investment. Then all focus moves to building the thing. What tends to get missed is defining the way to do it.
With so much innovation enabled by tech, development teams are often the first employees of startups. As newcomers join, there is a need to onboard and establish how people will work together. Corps have a number of policies on how they want people to work but startups need to create these from scratch. It’s a key part of establishing the culture in which employees will thrive.
How many meetings do you have and who runs them? Where and when does work happen? Who keeps track of holidays and expenses…
