Often new products and services surface from well-identified customer needs, but after a while, the initial excitement wears off and is replaced by slower-paced progress. Sometimes we even end up questioning the viability of the original idea. These doubts often originate from a lack of clarity. Read on how we worked on these topics with the Lassila & Tikanoja Smartti Automaatio product.
Mirka is a corporate communication professional working to create positive, measurable change for the communities and businesses she works with. Her work is people-oriented and aims to make daily life more engaging and rewarding for members. As Community Manager, Mirka's role is to facilitate communications, bring contributors together, connect like-minded individuals, and grow the Coventures community.
Pulse247 is a Finnish software company focused on helping clients sell more online using the MyCashflow e-commerce platform. In 2021, Pulse247 had successfully grown into a company of 30 people and was transitioning from startup to a fully-fledged Product Company. Even though Pulse247 welcomed steady growth, the product development team had gotten way too big and rigid. But how to split the teams and maximize the effectiveness? These questions prompted us to work on this together and find solutions and the optimal way to structure product teams and support them with their product leadership.
Sampo is an intense strategy advisor implementing corporate transformation and offering development programs. With the help of business owners' expertise and leading benchmarks, he has created new service revenue streams for energy, telecom, and digital businesses. Sampo has over 15 years of management experience and a proven track record in leading companies to grow. He is experienced in digital transformation, product and service development, international partnerships, and management advisory.
How to create an ambitious growth strategy for a corporate-backed startup working in an exciting, fast-growing electric vehicle charging market? Plugsurfing is an e-mobility service provider and charging service for electric vehicles, connecting its customers to Europe's largest, most up-to-date electric vehicle (EV) charging stations with digital payment services. At the beginning of 2021, Plugsurfing had a recently assembled, highly committed, and excited leadership team that had set ambitious growth goals for the business. Our entrepreneurial skills-set convinced the leadership team, and they invited us to facilitate the strategy process. In the facilitator's role, we could bring in new methods and ideas on how Plugsurfing's leadership team could build a strategy that would be easy to implement and owned by the whole company.
In today’s world, it’s rare for things to be completely clear or precisely determinable. Not everything is black and white. The demands on modern organizations and management are more contradictory and paradoxical than ever before, challenging orthodox value systems and business principles. In a world where the “what” takes a back seat to the “why?”, making bold decisions requires courage, awareness, and a willingness to make mistakes. In digital transformation, this ambiguity is often forgotten. In this article, we’ll discuss why disruption is inevitable and how to embrace it.
One of the biggest challenges for corporations when building internal startups is finding and attracting senior entrepreneurial talent. The need may also be temporary if we find out that there is not a strong enough business case to be made. Tommi Huovinen is one of our Entrepreneurs in Residence, and his job is to work as an intrapreneur at L&T and to create measurable growth.
Validation is an essential part of a new product or service launch: It can be pretty easy to get ahead of ourselves and start planning things without the necessary knowledge. Skipping the carefully done groundwork can be a recipe for disaster. Our client UpCloud is planning to launch a set of new products/services. To get a third-party view and to understand if the investment would have a chance to become a success, UpCloud asked Coventures to help conduct a pre-study. During the project, we conducted a competitive analysis and a series of interviews with UpCloud staff, their customers, and industry experts.