Digital The benefit of creating a venture building practice for corporates in facts and number

1. Increased innovation: Having a venture-building practice within a corporate structure creates an environment of innovation and encourages creative problem-solving. This can lead to the development of new products, services, and processes that can provide a competitive edge.

2. Faster results: With the venture-building practice, ideas can be tested and validated at a much faster rate than traditional development methods. This expedited process can help to generate new revenue streams quickly and capitalize on market opportunities.

3. Increased agility: The venture-building process allows organizations to remain agile and responsive to customer needs and market shifts. This can help to ensure that the company is able to adjust to market trends quickly and remain competitive.

4. Reduced risk: The venture-building approach allows companies to test out ideas without having to commit to large investments of time or money. This reduces the risk associated with the development of new products and services.

5. Improved customer experience: By creating a venture-building practice, companies can quickly develop customer-centric products and services that are tailored to meet the needs of their customers. This can lead to an improved customer experience and greater customer loyalty