US innovation expert to banner start-up event on Sept. 25

Scott D. Anthony, strategic advisor and author of Harvard Business Review’s recently published article “The New Corporate Garage”, is set to visit the Philippines this September to engage the local start-up community in a discussion on the role of big companies vis-à-vis entrepreneurs in enabling innovation.

Anthony

Anthony is an expert on innovation, having authored four books on innovation and advised companies around the world. He also works as managing director of Innosight Asia-Pacific in Singapore and leads its Asian consulting operations and venture-capital investment activities.

He received a BA in Economics, summa cum laude, from Dartmouth College and an MBA with high distinction from Harvard Business School, where he was a Baker Scholar.

Anthony’s article published by Harvard Business Review sparked an online discussion amongst start-up founders who debated the position that the next wave of innovation will be driven from inside large corporations.

Some pointed out the role of corporations as customers, suppliers, sponsors and partners, creating the critical support system that enables start-ups to scale.

Others averred that in the current economic environment, the courage and creativity required for disruptive innovation remain the preserve of independent entrepreneurs.

Many founders also exchanged views about whether working, partnering, or accepting investment from big corporations is tantamount to “selling out.”

The theories presented by Anthony will be the main focus of the 2nd Kickstart Start-up Mixer on September 25 at the Executive Lounge of Ayala Tower One in Makati City.

The forum is organized by incubator-accelerator Kickstart Ventures, Inc. to get the Philippine start-up community together and discuss subjects relevant to start-up founders.

Kickstart is a wholly-owned subsidiary of telecommunications company Globe Telecom.

In “The New Corporate Garage,” Anthony assumes that the world is shifting to a new, fourth era of innovation where progressive corporations marry the assets and capabilities of large enterprises with entrepreneurial behaviors to enable more impactful innovation to thrive in the marketplace.

Anthony pointed out that innovation now increasingly involves creating business models that tap the unique strengths of big companies as he noted that the world is entering a new era of innovation, in which entrepreneurial individuals within big companies are using the resources, scale, and growing agility of their companies to develop solutions to global challenges in ways that few others can.

“Entrepreneurs will continue to give birth to great businesses, and nonprofits will continue striving to build a better society. But the people changing the world today are as likely to be in corporate cubicles and conference rooms as in Silicon Valley or at social impact conferences,” he said.

However, Anthony warned that not all corporate environments are conducive to such innovation. For mission-driven individuals or ‘corporate catalysts” to flourish, companies need to embrace open innovation, approach innovation systematically, simplify and decentralize decision-making mechanisms, and be learning-focused and failure-tolerant.

“Scott’s theory, identifying a group’s mission and mandate, with its corresponding culture and norms, as “Corporate Catalysts,” illustrates how companies like ours can help drive the start, as well as scaling up, of innovation from outside the corporation. By supporting start-ups and allowing them access to platforms of Globe which are usually open only to large established companies, we create a community of trust and a culture of collaboration: these can only be good for creating a more innovative Philippines” said Navarrete, president of Kickstart.

As an active incubator-accelerator in the Philippines, Kickstart provides selected start-ups with tools needed to build and test their ideas, seed funding for faster execution, one-on-one mentorship from experts in various fields, and introductions to partner companies within the Globe, Singtel, and Ayala networks in the Philippines and abroad to help them scale bigger.

Kickstart recently kicked off the Launchgarage program with partner Proudcloud, a leading web engineering firm founded by serial entrepreneur Jay Fajardo.

Through Launchgarage, Kickstart and Proudcloud provide an intensive support program for even early-stage companies needing support to get started and build momentum.

Qualified applicants, called “garageheads,” will be announced end-September; with the incubation program starting this October.

“This is a unique way of reaching out to the tech start-up community members and getting the founders off to a faster start, and a better trajectory. While this project has access to the “big company” resources that an enterprise like Globe would have, it has an independent mandate and the soft touch grassroots community focus necessary for supporting the Philippines’ bourgeoning start-up ecosystem,” Navarrete said.

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