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Beekeeper : From pivoting startup to disrupting scale up

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Presentation on theme: "Beekeeper : From pivoting startup to disrupting scale up"— Presentation transcript:

1 Beekeeper : From pivoting startup to disrupting scale up
KAIST College of Business, KCB Beekeeper : From pivoting startup to disrupting scale up Haerin Shin, Adam Schwarz, Jaewon Lee, Jason Han

2 Key issues Not targeting the right industry
Inefficient external and internal communication channels Too fast expansion and growth

3 Improving the integration channel
Recommendation Improving the integration channel

4 Analysis : External Analysis
Hospitality Manufacturing Retail Deskless or Non-Desk Jobs = No Computer Significant efficiency generated by communication Beekeeper focused on connecting internal communications Helping companies revolutionize internal communications

5 Analysis : External Problems
Beekeeper Target market is too broad Too many customer needs Expanding too fast; spreading too thin Different geographic needs “80% of the staff is non-desk – they do not have access to a computer … which prevents digital communication”

6 Analysis : Internal Analysis
Zurich San Francisco New London Office New Berlin Office Founded in 2012 Attracted $13 Million in Series A funding round 118 Employees: 13% engineers, 87% other roles Offices in US & Europe

7 Analysis : Internal Problems
Beekeeper Revenues covering 65% of costs Growing pains across offices Sales Vs Engineers Lack of Leadership and Central Mission “The Sales people are selling things the engineers can’t produce”

8 Alternatives Goal Feasibility Cost Sustainability Unfav Fav
Spin-off by services Unfav Fav Remove certain business sectors Consolidating office Hierarchical organizational structure Organizational integration channel improvement

9 Implementation : Core Integrational role
CEO One directional Communication channel Business unit R&D

10 Implementation : Core Integrational role
CEO to decide the service area to focus on Focused service area to share same purpose and goals Shared goal to remove confusion and promote coordination

11 Implementation : Integrational channel structure
Sales Customer Commercial R&D Service owner Team of Engineers Bi-direction Communication channel Service Guide

12 Implementation : Integrational channel structure
Discuss with the service owner about technical feasibility Lets R&D know about customer requests through the service owner Sales Hold ownership of the service being provided Keep the list of customer requests to be fulfilled Service owner Decides technical alignment Defends the provided service Constantly discuss with service owners about the list Service guardian

13 Implementation : Integrational channel structure
Well established communicational channel between sales and R&D Stops the service from growing without the core business model and direction

14 Implementation : Integration process
Adopt the agile process 2~3 week process Frequent feedback Service request list List of customer requests Cycle backlog List of task to be performed within the cycle Implementation Engineers only focus on implementation Delivery Minimal service to be used by customer Retrospective and feedback

15 Implementation : Integration process
Frequent response to customers to deal with ever changing market situation Frequent retrospective for improved service Customer request management to improve customer satisfaction


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