How Any Company Can Think Like A Startup
Common wisdom states that startups are hothouses for creativity and innovation, while large corporations are too jammed up with bureaucracy and hierarchy to push the envelope and arrive at new solutions. It’s why more and more companies are trying to “think like a startup,” some even forming smaller divisions that can operate more nimbly and loosely within the larger structure.
But is it that simple? Is simply being small and new a recipe for creative thinking, and if so, what happens when a startup gets bigger, and older (presumably everyone’s goal)? How can we define what’s working so well at the startup level, in order to cement these principles as part of a company culture that can be maintained throughout growth?
My branding and design consultancy works almost exclusively with startups, but in my previous life as a brand planner at large global advertising agencies working on multinational clients, I had my share of exposure to how the “other side” operates. And I actually think that when it comes to fostering new ideas and strong creative work--internally or when working with an outside agency--both sides of the scale can learn from each other. So let’s start with the startups, and what they’re doing right. Read complete Fast Company article.