20 Lessons Big Tech Companies Should Learn From Startups (And Why)

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Successful CIOs, CTOs & executives from Forbes Technology Council offer firsthand insights on tech & business.

There’s no doubt there’s a certain excitement and synergy present in a small but dedicated tech startup team. It’s an atmosphere that combines the belief that they have a market-changing product or service to offer with the fresh energy to do the hard work to bring a dream to fruition.

When leading a startup, it is crucial to cultivate a workplace that encourages taking chances, trying new things and learning from failures. Staying flexible and open makes it possible to change course and capitalize on new opportunities as they arise. Making safe choices and solely focusing on following a predetermined, narrow path forward will limit the ability to take risks with big rewards. -

Creative and agile customer validation through grassroots community engagement and campaigns is what large tech corporations could learn from their startup counterparts. Being experiential will be a differentiator with the changing demographic of the customer base in the next five to 10 years. - The journey of a startup company is an exciting one filled with innovation and creativity. If there is one thing that a large tech corporation can learn or use as a valuable lesson from the startup journey, it would be showing agility and flexibility in decision making. Startups often excel at quickly adapting to changes, experimenting with new ideas and fostering a culture of innovation. -

 

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