Studies have shown that - over a long horizon - 'serial business builders' create higher Total Shareholder Return than companies who aim at growing via M&A or companies who aim growing organically but do not put business building in a top spot... But building new businesses in a corporate is not easy. Only 3 percent of corporate startups create a new business with more than USD 50m annual revenue. The Lean Scaleup is a Best Practice framework for corporate entrepreneurship, co-created by 20+ leading companies and business schools. In this session we dive deeper into the points that the company's leadership needs to focus on to beat the odds.

Frank Mattes is an expert in corporate business-building, advisor to Corporate Innovation and Corporate Venturing, and author of two books on corporate business building. In the last four years, Frank focused on the corporate business-building problem: why do large companies struggle dramatically in building new businesses from innovation - and how can they improve? Together with 20+ industry leaders from many sectors, Frank co-created the Lean Scaleup™ framework. This framework comprises Best Practices in how to create new sizable, profitable businesses The Lean Scaleup is the latest addition to the corporate entrepreneurship toolbox. It takes the Lean Startup into the corporate context, extends it to an end-to end journey from idea to scale and comprises the Best Practices from some of the world’s finest companies. To help corporate innovation practitioners improve in business-building, Frank founded the consulting agency Lean Scaleup and published the book with the same name in May 2021. The book was co-written with two dozens of corporate practitioners and two leading business schools, UC Berkeley and the London Business School. Please find more on the book and the Lean Scaleup framework at www.leanscaleup.com/book Before Lean Scaleup, Frank founded innovation-3, a consulting agency specialized in non-incremental innovation), was with the Boston Consulting Group and Member of the Board of a B2B scaleup. Frank holds two M.Sc. in Applied Mathematics from the University of Southern California, Los Angeles and Ulm University (Germany).