Many corporations strive to stay on top of innovation by creating buzzwordy accelerator programs. The goal is to support and learn from startups.
But here’s the problem: if you’re a giant, slow-moving company not known for being particularly innovative, the startups attracted to your accelerator are going to be second or third tier.
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Peter Mehit is co-founder and Managing Partner of Custom Business Planning and Solutions, a business consulting firm that provides problem solving, planning and process help. He has worked from private equity to the Fortune 100 at all stages.
He can be reached at pmehit@wbpllc.com or at 800-741-8444.
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