In this episode, Christian Hüttenhein talks with entrepreneur and consultant Mark Poppenborg to uncover the art of organizational development and the keys to building thriving innovation communities. Mark draws from his extensive experience, discussing the challenges large corporations face and the pivotal role trust and distrust play in achieving success. This episode is essential listening for anyone aiming to foster lasting change within their organization.

Takeaways:

• Creating lasting change in large corporates requires addressing external references and creating safe spaces for innovation.
• Innovation initiatives should be associated with existing campaigns and learnings from pockets of high performance within the organization.
• Organizational development and community building are essential for driving innovation and achieving innovation impact.
• Corporate venturing requires a balance between serving existing customers and disrupting and innovating the business.
• Business theater can be necessary to a certain extent, but it's important to identify and call out excessive or misleading practices. Addressing organizational bullshit can raise the level of communication and quality within a company.
• Understanding the context in which arguments arise can help resolve conflicts and improve collaboration.
• Trust and distrust serve different functions in navigating complex situations.
• Authenticity is subjective and depends on the role and context in which it is expressed.
• Breaking traditional rules, such as not using PowerPoint slides, can create a more engaging and authentic conversation.

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Chapters:

00:00 Introduction and Background of Mark Poppenborg

09:20 The Importance of Organizational Development and Community Building in Venture Tools

19:01 The Challenge of Balancing Exploit and Explore in Large Corporates

25:07 Overcoming Resistance to Innovation and Transforming the Company

29:49 Breaking Down Innovation into Use Cases and Dealing with Business Theater

37:30 Identifying and Addressing Organizational Naivety and Business Theater

38:31 Addressing Organizational Bullshit

41:06 Understanding the Context of Arguments

45:26 The Functional Equivalence of Trust and Distrust

48:49 Authenticity: Subjectivity and Context

58:12 Breaking Traditional Rules

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Mehr über Christian Hüttenhein:

Unternehmen: ⁠⁠https://www.pexus-ventures.com/⁠⁠

Person: ⁠⁠https://www.christian-huettenhein.com⁠⁠

LinkedIn: ⁠⁠https://www.linkedin.com/in/christian-huettenhein/⁠⁠

YouTube: ⁠⁠https://www.youtube.com/@ChristianHuettenhein⁠⁠

Kalender: ⁠⁠https://calendly.com/huettenhein⁠⁠

Buch: ⁠⁠https://venture-clienting-book.com/⁠⁠

Community: ⁠⁠https://www.venture-client-roundtable.com/

In this episode, Christian Hüttenhein engages in an insightful conversation with Professor Dr. Max Senges. Max draws on his extensive experience in entrepreneurship to discuss the various challenges faced by startups. They delve into the innovative concept of 42, a university that operates without traditional professors and instead focuses on peer learning and gamified projects. Max also emphasizes the positive impact of these educational methods and provides valuable career advice.

Takeaways:

• Peer learning is a powerful approach to learning and skill development, where students work on projects and provide feedback to each other.
• The humanistic aspects of technology development, such as considering the social impact and organizational mindset, are crucial for driving entrepreneurship forward.
• A university without professors, like 42, offers a unique learning experience where students learn through gamified projects and peer reviews.
• Intrapreneurship, the process of developing entrepreneurial ventures within a corporate setting, can be facilitated through peer learning and entrepreneurship programs.
• When pursuing a career, it's important to find a fit that aligns with your passion and purpose, rather than just following trends or external expectations.

Chapters:

00:00 Introduction and Background of Prof. Dr. Max Senges

03:36 University Without Professors: The 42 Model

09:00 Peer Learning and Entrepreneurship

15:05 The Process of Peer Learning

20:07 Intrapreneurship and External Recruiting

22:19 Differentiating Tools in Corporate Venturing

25:13 Impact and Success Stories

27:01 Costs and Implementation of Peer Learning

29:17 The Popularity of Peer Learning and Intrapreneurship

31:28 Career Advice: Pursuing Passion and Purpose

33:34 Book Recommendation

Website of the Institute of Electronic Business: https://www.ieb.net/

Book Recommendation: Lifelong Kindergarten, by Mitchel Resnick

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Mehr über Christian Hüttenhein:

Unternehmen: ⁠⁠https://www.pexus-ventures.com/⁠⁠

Person: ⁠⁠https://www.christian-huettenhein.com⁠⁠

LinkedIn: ⁠⁠https://www.linkedin.com/in/christian-huettenhein/⁠⁠

YouTube: ⁠⁠https://www.youtube.com/@ChristianHuettenhein⁠⁠

Kalender: ⁠⁠https://calendly.com/huettenhein⁠⁠

Buch: ⁠⁠https://venture-clienting-book.com/⁠⁠

Community: ⁠⁠https://www.venture-client-roundtable.com/

In this episode, Christian Hüttenhein and Mike Durst, founder of ITONICS, explore how the SaaS provider is transforming corporate venturing with its innovative operating system, equipping companies with trend scouting, ideation, and portfolio management tools. Dive into the crucial role of data and transparency in shaping the innovation software market and discover the potential of venture clienting to overcome corporate innovation challenges. This episode offers deep insights into the future of innovation management and the dynamic landscape ahead.

Takeaways

• Data and transparency in the market are crucial for effective innovation management.
• The market for innovation software is experiencing consolidation, with larger companies emerging and smaller companies being acquired.
• Artificial intelligence (AI) is playing an increasing role in innovation software, with AI-enabled features such as conversational interfaces and automated idea generation.
• Building enterprise-grade software requires a deep understanding of enterprise architecture and software architecture. Venture clienting is a powerful methodology for large corporates to overcome innovation challenges.
• It involves partnering with startups and becoming their first or biggest customer.
• Venture clienting offers flexibility, speed, and the ability to maintain a creative spirit.
• Implementing venture clienting requires building relationships, trust, and a community of innovators within the corporate.

Chapters

00:00 Introduction and Background of Mike Durst

02:02 Overview of ITONICS' Innovation Operating System

04:31 Expansion to Nepal and Global Presence

09:55 The Role of People, Process, and Technology in Innovation

14:28 The Development and Overview of ITONICS' Software

23:30 The Importance of Data and Transparency in the Market

35:41 Introduction to Venture Clienting

49:38 The Process of Venture Clienting

53:36 The Role of Leadership in Venture Clienting

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Mehr über Christian Hüttenhein:

Unternehmen: ⁠⁠https://www.pexus-ventures.com/⁠⁠

Person: ⁠⁠https://www.christian-huettenhein.com⁠⁠

LinkedIn: ⁠⁠https://www.linkedin.com/in/christian-huettenhein/⁠⁠

YouTube: ⁠⁠https://www.youtube.com/@ChristianHuettenhein⁠⁠

Kalender: ⁠⁠https://calendly.com/huettenhein⁠⁠

Buch: ⁠⁠https://venture-clienting-book.com/⁠⁠

Community: ⁠⁠https://www.venture-client-roundtable.com/

Join Christian Hüttenhein and Stephan Friedrich von den Eichen as they explore the world of Open Strategy in this episode. Discover how this approach helps companies strategically reposition themselves through diversity and openness. From analysis to implementation, Open Strategy opens up the entire process to diverse perspectives and expertise. Dive into the future of corporate strategy and be inspired by how companies can gain competitive advantages through transformation and realignme

Takeaways

• The Open Strategy approach opens up the entire strategy process, incorporating diverse perspectives and expertise.
• It is particularly relevant for disruptive business models and new market implementations.
• The success of the Open Strategy approach depends on the openness and willingness of top management to embrace diverse perspectives.
• The approach helps companies address the challenges of complexity and develop strategies that meet the needs of the future. Open Strategy focuses on repositioning and transformation rather than cost-cutting.
• Startups provide expertise in technology, market analysis, digital disruption, and entrepreneurship in the Open Strategy approach.
• The involvement of startups is not limited to a specific phase but extends throughout the entire process.
• The success of integrating startups depends on the strategic direction, market overlap, and the need for autonomy.
• The consulting industry is changing, and personalized advice that embraces diversity and creativity is becoming more valuable.
• Plurality and embracing different perspectives are essential for innovative problem-solving.

Chapters

00:00 Introduction and Background

03:21 Differentiating Factors of AMP

04:14 Understanding Open Strategy

06:25 The Concept of Opening

10:05 The Open Strategy Approach

11:58 Open Strategy vs. Wargaming

12:07 Focus on Disruptive Business Models

13:07 Process Innovations vs. Product Innovations

13:49 Industries and Turbulent Times

15:16 Dealing with Lack of Openness

19:33 Connection to Venture Formats

22:24 Open Strategy in the Current Situation

23:32 Open Strategy: Repositioning and Transformation

25:03 The Role of Startups in Open Strategy

27:57 Integrating Startups Throughout the Process

35:39 The Solutionator: Concretizing Strategic Impact

39:43 The Changing Landscape of the Consulting Industry

43:16 Embracing Diversity and Creativity in Problem-Solving

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Mehr über Christian Hüttenhein:

Unternehmen: ⁠⁠https://www.pexus-ventures.com/⁠⁠

Person: ⁠⁠https://www.christian-huettenhein.com⁠⁠

LinkedIn: ⁠⁠https://www.linkedin.com/in/christian-huettenhein/⁠⁠

YouTube: ⁠⁠https://www.youtube.com/@ChristianHuettenhein⁠⁠

Kalender: ⁠⁠https://calendly.com/huettenhein⁠⁠

Buch: ⁠⁠https://venture-clienting-book.com/⁠⁠

Community: ⁠⁠https://www.venture-client-roundtable.com/

Join Christian Hüttenhein and Christoph Sollich, also known as "The Pitchdoctor," in this episode. With over 12 years of experience, Christoph has assisted more than 2,800 startups and corporate innovators in perfecting their pitches, working with numerous accelerators, incubators, and corporate venture labs. He shares his insights into the startup ecosystem, discusses the significance of authenticity and humor in pitching, and provides valuable career advice. This episode is a must-listen for anyone interested in startups and innovation.

Takeaways

• Authenticity is key in pitching - be yourself and let your personality shine through.
• Understanding the audience and their needs is crucial in delivering an effective pitch.
• Humor can be a powerful tool in engaging and captivating an audience, but it should align with the individual's personality and the context of the pitch.
• Corporates often face challenges in innovation, including short-term focus and a lack of organizational ambidexterity.
• Business theater, such as corporate accelerators, can be ineffective and should be replaced with more genuine and meaningful approaches to working with startups. Work with the best startups, not just any startups
• Build a strong brand to attract top startups
• Focus on solving real problems for startups
• Pitching and storytelling are crucial for success
• Embrace failure and learn from it
• Value and build relationships with interns

Chapters

00:00 Introduction to Christoph Sollich

10:33 The Concept of Pitching

18:19 Adding Humor and Being Authentic in Pitches

24:29 Learnings from Corporate Innovation Consulting

30:16 Challenges in Corporate Innovation

32:13 The Pitfalls of Business Theater

33:09 Working with the Best Startups

34:38 Building a Strong Brand

39:07 The Purpose of Accelerators

44:19 The Power of Pitching

48:22 Embracing Failure and Change

52:32 Valuing Interns and Building Relationships

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Mehr über Christian Hüttenhein:

Unternehmen: ⁠⁠https://www.pexus-ventures.com/⁠⁠

Person: ⁠⁠https://www.christian-huettenhein.com⁠⁠

LinkedIn: ⁠⁠https://www.linkedin.com/in/christian-huettenhein/⁠⁠

YouTube: ⁠⁠https://www.youtube.com/@ChristianHuettenhein⁠⁠

Kalender: ⁠⁠https://calendly.com/huettenhein⁠⁠

Buch: ⁠⁠https://venture-clienting-book.com/⁠⁠

Community: ⁠⁠https://www.venture-client-roundtable.com/

Dive into the fascinating world of mergers and acquisitions with Christian Hüttenhein and Rudy Fajen. With over 25 years of experience, Fajen brings extensive expertise to the table! Together, they illuminate the intricate art of M&A, exploring topics ranging from navigating economic cycles to seamless cultural integration post-merger. Experience Rudi sharing invaluable insights, practical examples, and successful strategies for corporate partnerships and startup collaborations in this episode.

Takeaways

• M&A is a volatile business that is heavily influenced by economic cycles.
• Successful M&A transactions require a clear forward-looking business plan and a focus on collaboration and cultural integration.
• Minority investments can be challenging and require careful consideration of exit possibilities.
• The success of an M&A transaction is measured by the satisfaction of both the buyer and the seller, as well as the successful post-merger integration.
• The Entrepreneurs Organization (EO) provides a valuable support network for entrepreneurs to exchange ideas and overcome challenges.

Chapters

00:00 Introduction and Background of Rudi Fajen

04:26 The Volatility of M&A and its Impact on Economic Cycles

13:42 Advice for Corporates Interested in M&A

24:30 Success in Post-Merger Integration

29:25 The Entrepreneurs Organization (EO) and its Benefits

35:01 Recommended Startup: Biogram

41:02 Advice for Entrepreneurs

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Mehr über Christian Hüttenhein:

Unternehmen: ⁠⁠https://www.pexus-ventures.com/⁠⁠

Person: ⁠⁠https://www.christian-huettenhein.com⁠⁠

LinkedIn: ⁠⁠https://www.linkedin.com/in/christian-huettenhein/⁠⁠

YouTube: ⁠⁠https://www.youtube.com/@ChristianHuettenhein⁠⁠

Kalender: ⁠⁠https://calendly.com/huettenhein⁠⁠

Buch: ⁠⁠https://venture-clienting-book.com/⁠⁠

Community: ⁠⁠https://www.venture-client-roundtable.com/

In this episode, Christian Hüttenhein and Lauri Lehtovuori, CEO of Combient Foundry, delve into the collaboration between companies and startups. Lehtovuori explains how Combient Foundry serves as a network bringing industry leaders and innovators together to accelerate business solutions. They explore the entire process from identifying suitable startups to successfully executing projects, while also discussing cost structures and key performance indicators.

Takeaways

• Combient Foundry is a venture network that helps corporates collaborate with startups to solve business challenges and decrease time to market.
• The process involves defining search fields, identifying executive sponsors, and working closely with business lines and R&D teams.
• Key performance indicators (KPIs) for the network include the success rate of engagements, the number of teams involved, and the speed of execution.
• Scouting and project management services are valuable in facilitating successful engagements.
• Summits and workshops with startups help validate value propositions and facilitate go-to-market strategies.
• Startups are sourced globally

Chapters

00:00 Introduction and Background

04:36 Overview of Combient Foundry

11:34 Expansion and Collaboration

16:06 Process and Requirements for Corporates

21:01 Value and KPIs

24:47 Defining Success and KPIs

27:06 Implementation Rate and Customer-Supplier Relationships

28:23 Acquisitions and Joint Ventures

30:40 Number of Pilots and Cost

31:14 Scouting and Project Management Services

32:10 Summits and Workshop with Startups

33:12 Validation and Go-to-Market

34:47 Global Sourcing and Startup Stages

36:35 Expanding to Continental Europe

38:07 Hype Technologies and Old School Hardware

39:43 Combient and Combient Foundry

42:01 The Purpose of Combient

42:52 Recommended Books and Podcasts

43:33 Advice to Younger Self

44:29 Leadership Advice

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Mehr über Christian Hüttenhein:

Unternehmen: ⁠⁠https://www.pexus-ventures.com/⁠⁠

Person: ⁠⁠https://www.christian-huettenhein.com⁠⁠

LinkedIn: ⁠⁠https://www.linkedin.com/in/christian-huettenhein/⁠⁠

YouTube: ⁠⁠https://www.youtube.com/@ChristianHuettenhein⁠⁠

Kalender: ⁠⁠https://calendly.com/huettenhein⁠⁠

Buch: ⁠⁠https://venture-clienting-book.com/⁠⁠

Community: ⁠⁠https://www.venture-client-roundtabl

Join Christian Hüttenhein in an insightful conversation with Manfred Tropper as they dive into the evolving world of corporate venturing tools. Manfred, CEO of Mantro, shares his journey from enterprise software services to leading a venture building company. Discover how Mantro pioneers joint ventures with corporates, guiding them through high uncertainty to achieve maturity. Explore key topics such as the distinction between equity and P&L games, the strategic importance of venture clienting, and the role of innovation tools like M&A and intrapreneurship.

Takeaways

• Separating the equity game from the P&L game is crucial in corporate innovation.
• Venture clienting is a valuable tool for corporates to work with startups and leverage their technologies and solutions.
• Data analysis and understanding market trends can provide insights into the future and help make informed decisions. The innovation market is becoming less hype-based and more focused on real needs.
• Large corporate clients tend to work with large consultancies for strategic projects, while SMEs prefer risk-sharing and a more personalized approach.
• Different tools, such as venture clienting, intrapreneurship, and M&A, have different purposes and should be chosen based on the specific needs of the organization.
• A more strategic approach to innovation is needed, and decision-makers should have a better understanding of the available tools.
• The role of a chief venturing officer could be valuable in guiding the innovation strategy of large corporates.
• The future of corporate venturing depends on the economic climate and the ability to think about the future despite challenges.
• Talking to people outside of one's bubble can provide new perspectives and insights.

Chapters

00:00 Introduction and Background

08:57 Joint Ventures: Balancing Roles and Responsibilities

20:46 The Value of Venture Clienting in Corporate Innovation

22:36 Using Data Analysis to Understand Market Trends

29:07 The Importance of Building Products and Working with Uncertainty

37:35 Navigating the Challenges and Trends in the Innovation Market

39:34 The Role of Large Corporate Clients and SMEs in Innovation

42:27 Venture Clienting: A Different Approach to Innovation

46:15 Choosing the Right Tools for Innovation

51:15 The Need for a Strategic Approach to Innovation

53:53 The Potential Role of a Chief Venturing Officer

55:36 Exploring Other Tools for Innovation

01:00:25 The Future of Corporate Venturing

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Mehr über Christian Hüttenhein:

Unternehmen: ⁠⁠https://www.pexus-ventures.com/⁠⁠

Person: ⁠⁠https://www.christian-huettenhein.com⁠⁠

LinkedIn: ⁠⁠https://www.linkedin.com/in/christian-huettenhein/⁠⁠

YouTube: ⁠⁠https://www.youtube.com/@ChristianHuettenhein⁠⁠

Kalender: ⁠⁠https://calendly.com/huettenhein⁠⁠

Buch: ⁠⁠https://venture-clienting-book.com/⁠⁠

Community: ⁠⁠https://www.venture-client-roundtable.com/