Key Messages
How To Solve Global Problems Post-Covid-19: The Essential Guide To Identifying What’S Needed And Taking Concrete Steps To Make Change
In uncertain times, it can be challenging to understand how we can move forward and build a better future.
But with FightBack Now, readers will gain valuable insights into the strategies they need to take in order to create solutions that tackle global problems.
The book offers clear guidance on what is needed and clear-cut steps that readers can take to make meaningful change.
Through collaboration and the understanding of platforms and CVB (which stands for Collaborative Virtual Business Environment), readers will understand why each of these elements are essential for crafting a viable path forward and ultimately creating solutions to the world’s greatest challenges.
With FightBack Now, you have the resources you need to create a clear path forward during uncertain times.
The Need For Collaboration And Innovation To Solve Global Challenges
The world is changing rapidly in ways that many of us find difficult to keep up with.
As the climate crisis continues to worsen, more and more disasters will befall on a global scale, requiring international collaboration and interconnected thinking to provide solutions.
This is especially true for the biggest challenges we face globally, from COVID-19 to climate change and beyond.
That’s why it’s so important for governments and corporations alike to think collaboratively when it comes to dealing with global issues.
We need mutually beneficial partnerships between tech companies and governments that use government data alongside tech know-how coming from potential innovators such as AI diagnostics drawing from databases for treatments etc.
By joining forces in this way, we can make full use of our technological capacity and create better outcomes.
It’s essential that everyone has access to secure and safe services as a result of these collaborations so that they can take advantage of this interconnectedness without having any risks or drawbacks attached.
Platforms Are Powerful Business Models, But New Rules Makes It Harder To Succeed
Digital platforms have revolutionized the way businesses operate.
Their growth potential, ease of use and cost-efficiency are unparalleled.
However, their great power has also sparked a new wave of scrutiny from users, regulators and companies alike.
The rules of the game are changing quickly, and if you’re an aspiring business leader, you need to stay ahead of developments.
Platforms have a natural mechanism for growth in the form of network effects: as more users join a platform, it becomes even more attractive to potential new customers.
But as these platforms gain scale and buy up smaller competitors, there is increasing pressure from consumers and governments to reign in their influence.
Data collection policies are coming under tighter controls and competition law is being rethought from top to bottom.
The silver lining here is that the digital era threw open many new markets for businesses to explore.
For example, with travel restrictions due to COVID-19 preventing people from staying in traditional hotels or travelling on public transport, digital platforms that offer alternative options such as telehealth services have become increasingly important avenues for suppliers and buyers alike.
Collaboration Is The Key To Improving Global Health And Protecting Against Shocks
When it comes to improving global health, one of the key messages from FightBack Now is that collaboration creates better outcomes.
The world has tools at its disposal – changing attitudes towards health care with a value-based approach and innovating technology – that can produce healthier societies if utilized together.
By combining resources among environmental activists, businessmen and tech innovators, industries have found amazing breakthroughs like robot-sensor equipped waste management centers that not only successfully reduce waste but also create autonomous supply chains insulated from external shocks like pandemics.
Collaboration is so important when it comes to achieving fast and effective solutions to difficult problems like global health or climate change.
Working together allows people and organizations to build on each others’ strengths in order to build strong solutions faster.
It opens up access to different resources, knowledge areas and skill sets which would be inaccessible through working independently!
Tap Into Hidden Entrepreneurial Energy To Help Solve Problems
Entrepreneurs come in all shapes and sizes, each providing something unique to society.
The old stereotype of a young startup founder may be the most common image of an entrepreneur, but it’s far from the only one.
There are entrepreneurs who are taking risks and solving problems in ways that we would never have imagined.
The coronavirus pandemic has underscored this point.
People all over the world were quick to identify creative solutions to pressing issues.
An English garage worker set up online quizzes to raise money for charity with success stories like Hewlett-Packard producing much needed masks despite not originally being known for its production capabilities.
It’s clear that creativity is at the heart of entrepreneurship, and there are many different paths to success.
Those looking to foster entrepreneurial energy need to remember this — rather than focusing on the traditional startup CEO profile, look around and try to spot those who have both creativity and a willingness to take risks (no superpower required).
To maximize potential, these entrepreneurs should be given a supportive environment where they can feel valued and grow with what support offered by outside help like mentors or organizations that specialize in helping nurture these ideas
In today’s world, it’s essential for us to tap into entrepreneurial energy no matter where it comes from — something one individual or corporation can’t do alone requires collaboration between entities working together towards a common goal.
It takes people from various backgrounds coming together believing in possibilities that have yet to manifest into reality.
Corporations Can Leverage Institutional Knowledge With Corporate Venture Building For Innovative Results
Corporate Venture Building (CVB) is a great way to combine the experience of a corporation with innovative new ideas.
The concept is simple: leverage existing corporate assets in order to develop and launch hybrid models that will help enter new markets.
With CVB, entrepreneurs are able to work independently and grow their businesses quickly, but still remain closely connected to the parent company.
This way, the corporate entity can offer guidance and consult on matters such as patents or data access when needed.
Gothaer’s digital spin-off Alley.de is one studied example of Corporate Venture Building’s success.
It created an innovative platform for orthopedics patients, which combined Gothaer’s financial resources and institutional knowledge with the fast-paced atmosphere of its smaller tech team.
This union produced something far greater than either would have been able to create on their own – a 6 month launch in one of the most regulated markets in Germany was achieved!
The moral here – Corporate Venture Building unites experience with innovation to produce great things.
No company should be afraid of leveraging its resources and knowledge, as it can create opportunities that were formerly impossible.
Scalable Business Ventures Demand Strategic Problem-Solving And Flexible Planning
When it comes to achieving success in CVB (Venture-backed Businesses), two things are absolutely essential: finding an attractive opportunity, and developing a plan.
First, you need to identify a specific problem that your venture can tackle.
When looking for an opportunity, the best approach is identifying “white spaces” – gaps in existing markets, markets with little competition, or even markets open to a new business model.
To do this effectively, you have to research the market until you know exactly how it operates at every level, and question every assumption.
Only by truly understanding the market will you be able to identify needs that your venture can fill.
Once you’ve identified your white space and picked your team, it’s time to get down to execution and implement your plan.
This doesn’t mean that there won’t be any bumps along the way; being flexible and willing to shift gear if something isn’t working is key here.
Finally, when success presents its own challenges in terms of scaling up or integrating the start-up into corporate resources, having an individualized plan that everyone buys into is necessary for smooth operations.
Wrap Up
FightBack Now concludes by giving actionable advice that businesses of all sizes can use to increase their chances of success.
The book stresses the importance of staying ahead of industry trends and adapting quickly to new opportunities.
It also highlights the role corporate venture building can have in helping start-ups access funding, expertise and resources from more established companies.
The key idea is to identify a potential product or service which could fill gaps by meeting unmet needs in the market.
To do so, it’s vital to invest time in understanding the existing structure, so you can be sure any innovation you suggest makes financial sense and is likely to succeed when fully developed.
