Innov8rs Zurich

Some 80 percent of large companies base their pre-Scaling discovery and validation approach on the Lean Startup. However, the stats tell you that only 1 out of 8 corporate startups make it to scale and only 25% of the winners create annual revenues of more than USD 50M. So apparently, corporates need a more sophisticated validation framework. But what exactly is needed and how does such framework look like?

Steve Kopp from Amadeus’ business builder Nexwave and Frank Mattes, co-creator of the Lean Scaleup framework, will host this session and provide you with what you need to upgrade your company’s approach to validation in the corporate context and transitioning corporate startups to Scaling-Up. For the first time, the Lean Scaleup toolbox (SaaS solution of the pre-Scaling methodology) will be shown in public.

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).

Steve is a visionary, result-oriented senior leader with 25 years of experience in designing and building new digital solutions and businesses. At Amadeus, Steve heads the Nexwave Business Incubation Office, responsible for strategy, portfolio management, business-building methodology, marketing communications and operations. In addition, Steve is the Chairman of the Amadeus Executive Incubation Board, the governance committee overseeing the incubation portfolio, and of the Travel Innovation Club, a travel industry-wide association of corporate players collaborating to improve the overall traveler end-to-end experience. Prior to joining Amadeus, Steve held various design and innovation related roles at SAP and Business Objects.