BUSINESS PROGRAM
Experiment with new products & services for global scale.
BUSINESS PROGRAM
Experiment with new products & services for global scale.
.01 Strategic Experimentation:
De-Risking Strategy Deployment Through Market Testing
In today’s fast-paced market, growth and innovation demand companies to constantly launch new business offers, customer experiences, retail concepts, CRM strategies, and brand activations. However, the significant investment involved makes it imperative to validate these concepts and their business models in real-world conditions before full-scale deployment.
Strategic experimentation offers a proven approach to achieve this by creating a Minimum Viable Product (MVP) and testing it in selected markets to gather actionable consumer feedback. Here’s how this powerful process unfolds:
Key Steps in Strategic Experimentation
1. Set Clear Hypotheses
- Define the business objectives and success metrics.
- Outline assumptions regarding the business plan, product specifications, and market dynamics.
2. Empower Local Teams
- Engage local General Managers (GMs) and teams to take on startup-style roles, fostering agility and ownership.
- Equip them with the tools and autonomy needed to execute effectively.
3. Prototype and Model Costs
- Develop an imperfect but functional MVP to test key elements of the concept.
- Evaluate the cost structure and identify potential partnerships to ensure scalability.
4. Activate Growth Marketing
- Use targeted growth marketing tactics and events to acquire 1,000 local testers.
- Create buzz and drive engagement, ensuring a representative test audience.
5. Run the Experiment
- Test the MVP in 2-3 markets over a 10-day period.
- Collect data on critical factors like design, pricing, and sales pitch performance.
6. Analyze and Decide
- Compile findings into a comprehensive report using the “Scale, Iterate, Pivot” matrix.
- Use these insights to determine the next steps—whether to scale, refine, or rethink the concept.
Why Strategic Experimentation Matters
By validating ideas in real market conditions, strategic experimentation minimizes the risks associated with large-scale investments. It provides clarity on consumer preferences, operational challenges, and market potential, enabling data-driven decision-making. Companies can confidently innovate, knowing their strategies are grounded in actionable insights.
Recent use cases
Marriott APAC – Morning Ritual Program
Challenge: Marriott aimed to better embody its brand positioning of “passion” across every guest touchpoint by introducing new F&B retail concepts and morning guest rituals tailored to Asian markets.
Solution:
- Concept Development: Designed an F&B retail concept and crafted morning rituals inspired by local cultural nuances.
- Regional Deployment: Implemented and tested the concepts in India, China, and Korea to validate alignment with the brand’s positioning and business model.
- Scalability Assessment: Assessed the potential for broader rollout across the APAC region.
Results: Successfully enhanced guest experiences by aligning with regional preferences, validated the business model, and demonstrated scalability for wider adoption.
Clarins – New Retail Program
Challenge: Clarins sought to de-risk its global growth strategy by testing its new retail concept before committing to a full-scale store opening deployment.
Solution:
- Prototyping in Key Markets: Organized 10-day pop-up stores in Paris and Shanghai to pilot the concept.
- Consumer Feedback Collection: Gathered insights on design, pricing, and consumer engagement to evaluate the concept’s feasibility.
- Iterative Refinement: Used the scale, iterate, or pivot framework to refine the concept based on real-world data.
Results: Successfully validated the retail concept, reducing risks and ensuring a robust strategy for global deployment.
.02 Strategy Deployment
Achieve Global Success with Local Engagement
Deploying strategies globally is a complex challenge, often requiring a delicate balance between maintaining strategic intent and accommodating local market dynamics. The transition from meticulously crafted consultant slides to on-the-ground execution frequently exposes unforeseen hurdles—whether the strategy is results-driven or culture-focused.
At Hack40, we specialize in transforming these challenges into opportunities by leveraging the power of the Startup Scale Methodology. This approach enables seamless global strategy deployment while ensuring meaningful local adoption.
Our Approach: Bridging the Global-Local Divide
1. From Vision to Reality
- We translate strategic pillars and roadmaps into actionable steps, ensuring alignment from top-down leadership to bottom-up teams.
- Our expertise ensures that strategies resonate across diverse cultural and operational contexts.
2. Startup Scale Methodology
- Using principles of agility, innovation, and rapid execution, we drive impact at scale.
- We empower local teams to act with entrepreneurial agility, blending global consistency with localized adaptation.
3. Unparalleled Expertise
- With a global presence and 300 entrepreneur experts across industries, we are uniquely positioned to overcome any obstacle.
- Our deep market and industry experience equips us to address both strategic and operational challenges effectively.
Why Global Leaders Partner with Hack40
Global corporate leaders trust Hack40 to deliver scalable and effective strategy deployment because we have the “secret ingredients” to make a difference. These include:
- Global Reach: A worldwide presence ensures consistency and connectivity across markets.
- Entrepreneurial Expertise: A network of 300 experts brings agility and innovation to every deployment.
- Proven Impact: We push the boundaries of what’s possible, elevating impact levels and driving results.
Recent use cases
Carrefour – Customer Relationship Program
Challenge: Carrefour needed to deploy a new customer relationship strategy across 247 hypermarkets, ensuring consistent implementation while empowering local teams.
Solution:
- Cascading Model: Designed a localized rollout strategy with in-store training programs to ensure team alignment.
- Employee Empowerment: Provided tools and frameworks to help staff embrace the new strategy and deliver exceptional customer experiences.
- Training Programs: Conducted hands-on workshops to instill best practices and enhance team engagement.
Results: Successfully implemented the strategy across all hypermarkets, fostering stronger customer relationships and empowering local teams for sustained success.
Orange – Digital Transformation Program
Challenge: Orange needed to deploy its Digital Transformation Strategy by creating and scaling a framework for new workspaces and modern ways of working, fostering innovation and collaboration across the organization.
Solution:
- Framework Prototyping: Designed and tested a group-wide framework for digital workspaces, incorporating flexible layouts and digital tools.
- Scaling Strategy: Rolled out the framework in multiple regions, ensuring alignment with local needs while maintaining global consistency.
- Change Management: Conducted training and workshops to help teams adopt new ways of working effectively.
Results: Successfully implemented a scalable framework, enhancing collaboration, productivity, and alignment with Orange’s digital transformation goals.
.03 Business Delivery
Turning Annual Roadmaps into Accelerated Success
Delivering annual roadmaps efficiently requires a blend of strategic oversight, entrepreneurial drive, and hands-on execution. At the core of our approach is a team of Entrepreneurs in Residence (EIRs)—seasoned mentors who empower teams and leaders to tackle their most pressing challenges with speed and precision.
Our EIRs bring a results-oriented mindset, equipping teams with proven frameworks and techniques to drive efficiency and achieve an accelerated go-to-market for their initiatives.
Key Areas of Expertise
We provide tailored solutions across critical business domains, ensuring every aspect of your roadmap is executed flawlessly:
- Supply Chain: Streamline operations to optimize costs and efficiency.
- Packaging: Innovate with sustainable and consumer-centric designs.
- Retail & Merchandising: Enhance in-store and online experiences to maximize revenue.
- Distribution Channels: Expand reach through optimized logistics and partnerships.
- Marketing: Craft targeted campaigns that resonate with your audience.
- Digital & CRM: Leverage technology to deepen customer relationships and drive loyalty.
- Finance: Align financial planning with strategic priorities.
- Sales: Empower sales teams with tools and strategies to exceed targets.
A Strategic and Collaborative Process
1.Board Alignment on Priorities
We begin by aligning leadership on the most urgent and impactful business priorities, ensuring clarity and focus across the organization.
2.Entrepreneurial Mentorship
Our Entrepreneurs in Residence work directly with your teams, acting as mentors to provide guidance, accountability, and innovative problem-solving.
3.Accelerated Execution
By applying proven methodologies and an entrepreneurial approach, we ensure projects move from planning to execution at an accelerated pace.
Recent use cases
Unilever – #UNIRUN
Challenge: Unilever aimed to accelerate the go-to-market of new brands, products, and retail distribution channels by fostering internal innovation and agility.
Solution:
- Internal Startup Teams: Built multi-functional teams with entrepreneurial roles to fast-track innovation.
- Agile Framework: Implemented startup methodologies to test and refine ideas rapidly.
- Channel Expansion: Focused on e-commerce and retail distribution to ensure comprehensive market coverage.
Results: Successfully accelerated the launch of new brands and products, enhancing Unilever’s market presence and operational efficiency in e-commerce and retail.
BNP Paribas – Intrapreneurship Program
Challenge: BNP Paribas sought to drive new revenue streams by fostering a culture of innovation, enabling teams to develop and prototype new products and services at startup speed.
Solution:
- Hybrid Teams: Formed cross-functional teams combining bankers and digital entrepreneurs to leverage diverse expertise.
- Rapid Prototyping: Implemented agile methodologies to design, test, and refine innovative financial products and services.
- Innovation Framework: Established a structured process to ensure alignment with business goals while encouraging creativity.
Results: Delivered actionable prototypes and new revenue opportunities, reinforcing BNP Paribas’s position as a forward-thinking financial institution.