The adoption of outcome-based models represents a pivotal evolution in the realm of corporate accelerators.
The concept of corporate accelerators promises to become a vital strategy for fostering innovation within established companies. Corporate accelerators are specialized programs designed by large corporations to support startup growth while simultaneously infusing these corporations with fresh, innovative ideas.
Formulating the IF-THEN FrameworkThe outcome-based approach is epitomized by the IF-THEN framework, which clearly outlines the commitments and consequences based on achieving the set metrics: IF the fintech solution results in a 20% improvement in onboarding efficiency, THEN the corporate commits to further investments in the startup or the scaling of the solution across its operations, reinforcing the tangible benefits of the partnership.
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