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Business Chief USA August 2019

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networks while giving the corporate<br />

a chance to benefit from innovative<br />

new projects.<br />

This change in corporate culture<br />

takes many forms including mentorship<br />

programmes and in-house tech<br />

incubators but strategic partnerships<br />

are gradually emerging as the most<br />

effective way of leveraging a startups’<br />

disruptive potential.<br />

As corporations become larger and<br />

more results-oriented it makes it more<br />

difficult for innovative ideas to come<br />

to fruition. That’s why I believe forwardthinking<br />

companies are increasingly<br />

looking to collaboration with startups<br />

as the solution. After all, there’s<br />

nothing to suggest that corporates<br />

and startups have to co-exist as<br />

separate entities. In the digital age,<br />

size doesn’t guarantee future success.<br />

If large companies don’t take the<br />

necessary action to stay one step<br />

ahead, they’ll soon find themselves<br />

falling behind.<br />

53<br />

www.businesschief.com

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