If we haven’t met, let me introduce myself. I’m Rolan Marco Garcia, Founding CEO and Managing Partner of the Embiggen Group. We are a corporate venturing group that partners with groundbreaking organizations to build, scale, and invest in new digital ventures at startup speed.
2022 was a fantastic year for Embiggen. We garnered 4 local and international award recognitions, grew our team size by 1350%, participated in 6 major events, increased our revenue by 6x year-on-year, and worked with more than a dozen change-making organizations in the Philippines.
Thank you to all our clients, partners, team members, and supporters who have made all of this possible! I’m both humbled and grateful to work with them as these achievements would not have been possible without them.
However, it’s 2023 now. A global economic recession looms this year. With that, there’s no time better than now for corporations, businesses, and startups to invest in innovation to position themselves for growth and resilience.
Even without a crisis, innovating ahead of the competition never hurt anyone. And there are many ways to do this. Often, organizations start doing Horizon One innovations such as upskilling their team members in innovation through the Embiggen Innovation Institute’s programs. Organizations like the Department of Foreign Affairs, FAST Logistics, and the Energy Development Corporation have all taken this leap with us.
With many opportunities and risks right over the horizon, organizations can also use strategic foresight and futures thinking to help them explore and plan for the future. We’ve helped companies like the Quorum Group of Companies do just this.
However, these only touch the surface of innovation. Companies need to innovate Beyond Horizon One to benefit from innovation and sustain the growth it generates fully.
By far, corporate venture building (CVB), has proven to be the fastest and most effective engine and innovation strategy for new growth. In this Horizon Three innovation, Corporations build their own startups in untapped markets under CVB, often with the help of venture builders like Embiggen Digital Ventures.
Its effectiveness holds true even during times of crisis. Well-known unicorns like Uber and Airbnb raised their seed funding during the global recession in 2009. More recently, a staggering 580 startups gained unicorn status amid the global pandemic in 2021 according to research from Pitchbook. And McKinsey & Co. found that 74% of companies that chose to build new businesses through CVB grew faster than their industry’s average. Why?
Organizations that invest in innovation during times of crisis become less vulnerable to disruption and become more resilient to change. Furthermore, innovation empowers them to capitalize on untapped opportunities that their competitors don’t even see.
Top corporations in the Philippines have tapped us to help them build their own ventures. While we can’t talk about them just yet, this innovation strategy has created multiple billion-dollar companies with the likes of GCash by Globe Telecom, Inc., OVO by the Lippo Group, and Moody’s Analytics by Moody’s.
You too can do this. I invite you to talk to us and explore the many ways you and your organization can innovate by booking a strategy session with us here: https://calendly.com/embiggenmarrione/strategyconsultation
I wish you and your organization a happy, prosperous, and innovative new year!
Rolan Marco Garcia
Founding CEO and Managing Partner