Dynamic growth vs corporate culture
How did Starschema and Gloster do it, and what did the international VC investor say? When capital was raised, dynamic growth gained a “new meaning” and an extra strong accelerator. This certainly presented serious challenges at the organizational level as well…
This Equity Thursday event focused on the organisational and cultural challenges that rapid growth and acquisitions created for scaling tech companies. We discussed how founders and management teams navigated expanding teams, new roles, international offices and the need to reinterpret company culture at speed, as well as what seasoned investors had advised. The conversation also explored how to manage successful post acquisition integration when new teams with different mindsets join the organisation. Insights came from leaders of Starschema and Gloster, along with investors from 3TS Capital and experts from Absolvo and HRFest.
Covered topics
A growing team, new offices even on other continents, new functions, competencies and leaders, new challenges, the interpretation and reinterpretation of corporate culture all of which the founder or management team has to manage at lightning speed even though they have likely never done anything like this before… What is the seasoned investor’s experience and good advice on the topic?
And another dimension: when the company continues to grow through acquisition this is not an irrelevant strategy for tech companies either… Entire teams may arrive into the organization sometimes with a completely different mindset and with various feelings about the acquisition and the integration has to be managed effectively the alignment of different cultures has to be solved.
We addressed this topic with our Guests at our meetup on 29 October 2020 along the following questions:
- How could rapid growth be followed and supported by the organization and the corporate culture, and how could unknown challenges be managed well?
- Tech companies were known to struggle with HR challenges. How could a corporate culture be ensured that was attractive enough for talents to choose you and want to work for you?
- How could high level goals be brought down to the level of the organization, and why was this necessary?
- How did all this look from the founders’ side, and what was the viewpoint and experience from the investors’ side?
- How could an integration be managed successfully?
- What could an HR expert add to this?
Agenda
The free online meetup took place on Zoom, registration was required through the Equity Thursday meetup group.
17:15 - 19:15
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