Ep 68 - Michael Buck - Convidera's Blueprint for Converting Your Consultancy Into a Start-up Incubator
Convidera's strategic pivot from traditional consulting to a dynamic mix of 30% consulting and 70% solutions transforms the approach of consultancies in promoting innovation and entrepreneurship.
In this episode, Michael Buck, CEO of Convidera, dives deep into their unique evolution, shedding light on their approach to balancing consultancy with technology, achieving a 50% start-up success rate, and their nuanced strategies for equity and investment.
You'll learn:
1. The art of balancing consulting and tech innovation
2. Key steps to nurturing successful start-ups
3. How to test and spin-out start-up ideas
4. What success looks like for Convidera
5. How Convidera reduces the risk of their start-up ventures
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About Michael:
Michael Buck is an experienced serial founder and angel investor, founder and CEO of Convidera GmbH, a consulting and solutions company based in Cologne. He is committed to promoting talent and developing innovative business ideas with a particular focus on strengthening SMEs through digital innovation. Michael Buck is regarded as a driving force for forward-looking strategies and supports companies in successfully mastering the challenges of digital transformation and generating sustainable growth.
Find Michael on LinkedIn: https://www.linkedin.com/in/mgbuck/
Michaels's business book recommendation:
Innovator's Dilemma by Clayton M. Christensen | https://shorturl.at/jwAT2
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About Convidera:
Convidera GmbH is a consulting and solutions provider specialising in digital transformation and the development of digital business models to make companies more competitive. It offers customised digital solutions and promotes a digital corporate culture to ensure the long-term success of its clients. In addition, Convidera acts as a company builder, supporting start-ups and established companies in developing new markets and promoting innovation and sustainable growth.
Website: https://www.convidera.com/
Industry: Business Consulting and Services
Company size: 51-200 employees
Headquarters: Cologne, NRW
Founded: 2012
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About the host Sammy:
Sammy and SAWOO offer a B2B community-building service that establishes you as a thought leader in your industry and helps you build genuine, human-to-human relationships with your dream clients.
Get in touch with Sammy on LinkedIn: https://www.linkedin.com/in/sammygebele/
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Past guests on the LEADERS IN CONSULTING Podcast include: Friederich von Hurter, Melanie Tobler, Tilman Au, and many more!