Organisations can choose to either shape or be controlled by the next wave of disruption
Across each of the sectors we service, our clients are experiencing declines in their core business, driven by changing consumer behaviours, increased interconnectivity and rapid advancements in technology. To address this, organisation’s are exploring innovation to unlock new growth. However, responses can often be:
- Knee-jerk reactions to new competition
- Limited by the core business mindset and structures
- Deliver fragmented solutions with no path to commercialisation
Organisations need to create a sustainable venture engine to keep evolving, access new ecosystem spaces, experiment quickly, build cheaply, partner with leading capabilities and plug into an organisation’s core for scale.
How Deloitte can help
We are focused on partnering with our clients to deliver breakthrough ventures. The Venture Growth offering is comprised of three key components:
Strategy – Prioritising a set of ecosystem opportunity spaces promising the greatest potential for new growth and defining the optimal models (process, structures and roles) for new ventures to thrive
Execution – Designing, building and scaling breakthrough ventures and solutions that engage customers, have a clear business rationale and are differentiated in market
Capability – Defining and embedding the venture capabilities into a clients core through co-delivery and dedicated learning modules. We share our toolkit, methodologies and alliances to ensure clients are equipped to succeed after we leave
Each component is valuable to an organisation in its own right, but it’s the combination of all three that creates a sustainable and efficient venture engine.