KPMG India’s Post

Is there such a thing as too much innovation? Under certain conditions, it could make sense to ask such a question …or, at least, to ask: is the type of innovation we are currently producing and the way we are doing it what we truly want…without making it a political discussion …rather a discussion on intelligent design and impact, in all its dimensions. My impression is that we do not reflect enough on the qualitative difference between the innovation which is produced by startups when they play the modern startup game and the innovation which is produced by existing firms. Corporates and existing firms can do amazing...but not by trying to do what startups do. They can do amazing when they manage to retain or, at least, not to frustrate #corporateexplorers – those individuals with a mission to build new and disruptive businesses inside their companies. When they and their teams can do their jobs, they can produce remarkable forms of innovation, with considerable impact. We, including myself, are skeptical about the ability of existing firms to innovate. This is probably an assumption which is too simplistic. This is what I learnt by listening to the testimony of great #corporateexplorers, Balaji Bondili, Yoky Matsuoka, and Yusuf J.. Thanks Andrew Binns and panelists for great insights on the work of corporate explorers. Overall, a wonderful event #Innov8rs in sunny and always inspiring #LosAngeles.

Innovation isn’t just for startups - it’s essential for corporates too. To stay resilient and #future ready, we must drive #innovation alongside our core business. By empowering people with a strong culture of innovation and an intrapreneurial mindset, you can succeed on both sides 👇    Over three years ago, we partnered with Uwe Kirschner and his team to introduce the Innovation Framework, transforming how we approach new business opportunities. Powered by this holistic framework and the #ValidationEngine accelerator, innovation teams are enabled to think and act like startups. At Siemens Industry, we want to foster an environment where people are encouraged to explore and experiment. Not every idea will succeed - and that's part of the game. By focusing on data and customer collaboration, we identify what truly adds value. 👉 With 350+ participants, 60+ teams, and 4,000 customer interviews, our #people-first approach highlights the power of data-driven decisions and customer focus. With 80% of the projects successfully invalidated, our innovation teams balancing business goals, customer needs, and technology. I’m proud of the #growthmindset of the teams. Even more exciting, our Innovation Framework has been nominated for the Werner-von-Siemens Award in the #PEOPLE category! 🎉   Huge thanks to Cedrik Neike and Verena B. for sharing this exciting surprise, and to all the #intrapreneurs driving this forward! 👏 

In case you missed it, find out how SustAIn.brussels has helped Vucable in its first steps in the #startup journey. Want more information on how our product mAIté is contributing to tackling #digitalexclusion and its impact on the non take-up of #citizensrights? Feel free to reach out!

Innovation isn’t about ideas. It’s about solving real problems. Yesterday, I attended the presentation of the Open Innovation Challenge at ISE 2025, hosted by ACCIÓ in Catalunya. This global platform connects technology providers with corporations that are actively seeking solutions to their challenges. Here’s the key takeaway: ↳ Startups win when they understand big corporations’ problems and address them head-on. Too often, we focus on pitching what we can do. But the real question is: 𝗛𝗼𝘄 𝗱𝗼𝗲𝘀 𝘄𝗵𝗮𝘁 𝘆𝗼𝘂 𝗱𝗼 𝘀𝗼𝗹𝘃𝗲 𝘁𝗵𝗲𝗶𝗿 𝗽𝗿𝗼𝗯𝗹𝗲𝗺? When startups approach innovation like this, amazing things happen: • Corporations see immediate value. • Conversations shift from “interesting idea” to “how soon can we start?” • Partnerships form faster and with more impact. P.S. What’s your top tip for startups pitching to big corporations?

Stone & Chalk and KPMG Australia have introduced the five start-ups selected for the fourth cohort of the Future Technology Program. The program will focus on creating solutions for intelligent business performance and ultimately help Aussie businesses boost their productivity. #SmallBusinessLeaders #InsideSmallBusiness #business #smallbusinessowners #chalk #startups #future #tech

🌟 Are you ready to showcase your tech innovation on a global stage? 🚀 Join the KPMG Private Enterprise Global Tech Innovator 2024 in Türkiye and take your place among the brightest minds in technology! 🔍 What's the process? Apply: Submit your application detailing your tech innovation. Pitch: Selected finalists will present their innovations at the country final. Win: Impress the jury and secure your spot at the global finals! 🏆 What’s in it for you? Global Exposure: Present your innovation to an international audience at the KPMG Private Enterprise Global Tech Innovator finals in Lisbon in November. Expert Feedback: Gain valuable insights from industry leaders to refine your business model. Networking Opportunities: Connect with investors, mentors, and potential partners across the globe. Apply now by visiting our website: https://lnkd.in/d-QvT5c8 Lindsay Hull Hazel Panter Ozge Ilhan Gökhan Mataracı #techtitan #emerginggiants #scaleup #scaleups #innovation #entrepreneurship #innovators #entrepreneurs #pitch #pitchcompetition #techinnovator #daretodisrupt #globaltechinnovator  #startups

Commercializing innovations 🤝 Economic growth We're passionate about helping startups bring their innovations to market, driving both company growth and regional economic development. Discover how we're fostering economic growth through our support for startups in our 2023 Innovation Impact Report: https://lnkd.in/eGxxGiSJ #ImpactReport #InnovationSpace #EconomicGrowth

It's time to challenge a common misconception: 𝗘𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺𝘀 𝗔𝗿𝗲 𝗢𝗻𝗹𝘆 𝗳𝗼𝗿 𝗟𝗮𝗿𝗴𝗲 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀. Many believe that only big corporations can thrive within business ecosystems. However, the reality is far more inclusive! 🌍 𝗪𝗵𝘆 𝗘𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺𝘀 𝗠𝗮𝘁𝘁𝗲𝗿 𝗳𝗼𝗿 𝗔𝗹𝗹 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀𝗲𝘀 𝟭. 𝗔𝗰𝗰𝗲𝘀𝘀 𝘁𝗼 𝗥𝗲𝘀𝗼𝘂𝗿𝗰𝗲𝘀: Small and medium enterprises (SMEs) and startups can tap into a wealth of resources—be it technology, expertise, or funding—by engaging with larger/other players in the ecosystem. 𝟮. 𝗡𝗲𝘁𝘄𝗼𝗿𝗸𝗶𝗻𝗴 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀: Ecosystems foster connections. By collaborating with established companies, smaller businesses can expand their networks, opening doors to new partnerships and customers. 𝟯. 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 𝗕𝗼𝗼𝘀𝘁: Participation in an ecosystem allows SMEs to stay at the forefront of innovation. They can leverage the latest trends and technologies that larger companies are exploring, helping them remain competitive. 𝟰. 𝗦𝗵𝗮𝗿𝗲𝗱 𝗞𝗻𝗼𝘄𝗹𝗲𝗱𝗴𝗲: Being part of an ecosystem means sharing insights and best practices. Smaller businesses can learn from the experiences of larger firms (and vice versa), accelerating their growth trajectory. Thus, ecosystems are not exclusive to the corporate giants, they are a powerful tool for businesses of all sizes. By embracing collaboration and leveraging the strengths of the ecosystem, SMEs and startups can enhance their growth and competitiveness in today's dynamic market. Ready to explore how your business can benefit from ecosystems? Visit Ecosystemizer today to discover tools and resources that can help you connect, collaborate, and grow within a thriving business ecosystem: https://lnkd.in/eck69KQ7 #BusinessEcosystems #SMEs #Startups #Innovation #Collaboration #GrowthMindset

Touted as the next Silicon Valley, Southeast Asia is positioning itself at the forefront of innovation as the region boasts tremendous growth potential. However, this vast market also brings heightened competition and challenges. In this increasingly competitive environment, startups need to rise to the challenge, turning disadvantages into advantages. In an article contribution to KrASIA, Leader of the Deloitte Center for The Edge Southeast Asia Michelle Khoo dives into the unique stories of startups in the region and how they see beyond the conventional to unlock new opportunities. For more insights, click here: https://deloi.tt/3ZkcLKO Read more in our Edges of Southeast Asia Second Edition publication here: https://deloi.tt/3Oqvq1k #DeloitteSEA

Why Large Institutions and Governments Struggle with Change: Exploring the Innovation Gap Explore the reasons why large institutions, corporations, and governments face challenges in embracing change and opportunity. Discover how startups are driving innovation and learn how large companies can adapt to the rapidly changing world. #InnovationGap #AdaptingToChange #StartupCulture #EmbracingOpportunity #LargeInstitutions #CorporateInnovation #GovernmentChallenges #StartupsVsCorporations #AdaptingToNewWorld #InnovationTrends